Each investment team assesses the ESG risks and opportunities within its own investment process.
The portfolio management teams have incorporated ESG information as part of their portfolio management processes using a range of approaches. Our senior management believes it is critical to give the investment professionals the best ESG tools and data we can, and to allow each investment team the autonomy to integrate it as part of its unique investment process. Each portfolio manager has determined how and where ESG concepts are implemented within their investment process, and can (despite not not being mandated to) include macroeconomic analysis, fundamental analysis, valuation analysis, technical analysis, engagement with management teams, portfolio management, and risk management.
For portfolio weighting in particular:
- Our portfolio managers have the ability to review their investment portfolio ESG metrics within our ESG Center. They have the ability to see ESG metrics from external vendors for both their portfolios and their respective benchmarks.
- We also have ESG vendor data in Factset, which is a common platform used by our equity portfolio managers.
- Our Chief Inestment Risk Officer reviews portfolio construction vs the appropriate benchmarks.