DDJ's management operating committee, which is responsible for overseeing the firm's operations, has tasked the DDJ investment review committee, with input from cross-functional groups, as the internal body responsible for monitoring and reviewing ESG processes, ESG exposures and the scoring of portfolio investments. Such committee comprises five senior members of DDJ's investment team, including each of its portfolio managers, and provides a structured forum to discuss existing holdings, industry news, trends, new investment ideas, and portfolio level risk exposures.
On a quarterly basis, the investment review committee evaluates ESG factors in connection with the top-down risk reports that are produced by the DDJ performance team. Such review covers broad ESG topics, such as ESG coverage and ratings trends, or specific topics, such as carbon intensity.
Finally, DDJ has established an internal ESG working group, which is a cross-functional group tasked with formulating ESG policies, procedures and goals, and working with the third party ESG research provider, and monitoring the quality of data and analysis of the data provided by such third party ESG vendor.