The CEPP has recommended to its Investment Managers that they consider ESG standards in making their investment desicions so that all relevant risks and opportunities can be properly evaluated. The JBT has adopted this approach with respect to all of its Investment Managers, for all classes of assets in which the CEPP Trust Fund is invested.
In the event that an Investment Manager declines to expressly consider ESG standards in its investment process, the JBT will consider this as an adverse indication when evaluating the Investment Manager’s performance.