If your organisation does not integrate ESG factors into investment decisions on your externally managed assets, explain why not.
Cometa does not incorporate ESG issues for cash
Provide a brief description of how your organisation includes responsible investment considerations in your investment manager selection, appointment and monitoring processes.
The ESG considerations are part of the due diligence process. There are many issues taken into account during the asset managers selection. They are:
- signatories to UNPRI
- the SRI policy (approaches and adapted solutions for clients/investors)
- ESG research organization in terms of team and methodology (ESG dedicated staff, ESG external providers, scoring system)
- the governance in terms of roles and responsibilities
- the voting and engagement policy
- the reporting system.
An ESG questionnaire is sent to the managers and the manager's policy and practices are analyzed and evaluated. The Investment Committee decides whether to select the investment managers.