Management quality and performance - ESG considerations integrated in asset mgt approach. That the manager is informed of and share AP4's view on exclusions from the Council on Ethics and AP4's own thematic exclusion and divestment approach. Expectation that managers will report ESG and sustainability metrics in line with established frameworks like TFCD.
ESG and sustainability policy and practices are an integrated part of the investment process. In the first step of the process, investment strategy and potential links to the sustainability agenda and climate change are assessed. As we go deeper in the due diligence, this area is also assessed. ESG is always included in materials to investment committee and an integral part of the investment agreement and/or sideletter.