This report shows public data only. Is this your organisation? If so, login here to view your full report.

Mercy

PRI reporting framework 2020

You are in Organisational Overview » Asset class implementation gateway indicators

Asset class implementation gateway indicators

OO 10. Active ownership practices for listed assets

10.1. Select the active ownership activities your organisation implemented in the reporting year.

Listed equity – engagement

10.2. Indicate why you do not engage and do not require external managers to engage.

We do not require any of our managers to do shareholder engagement or advocacy, but we do encourage them to. Many of our managers do engage with companies, and that is something we evaluate and consider in our due diligence process. Additionally, we have begun to ask for reporting on the engagements our managers do conduct with companies, especially those that are in Mercy's portfolio directly. Also, Mercy does actively vote proxies.

Listed equity – voting

Fixed income SSA – engagement

Please explain why you do not engage directly and do not require external managers to engage with companies on ESG factors.

          We do not require any of our managers to do shareholder engagement or advocacy, but we do encourage them to. Many of our managers do engage with companies, and that is something we evaluate and consider in our due diligence process. Additionally, we have begun to ask for reporting on the engagements our managers do conduct with companies, especially those that are in Mercy's portfolio directly. Also, Mercy does actively vote proxies.
        

Fixed income Corporate (financial) – engagement

Please explain why you do not engage directly and do not require external managers to engage with companies on ESG factors.

          We do not require any of our managers to do shareholder engagement or advocacy, but we do encourage them to. Many of our managers do engage with companies, and that is something we evaluate and consider in our due diligence process. Additionally, we have begun to ask for reporting on the engagements our managers do conduct with companies, especially those that are in Mercy's portfolio directly. Also, Mercy does actively vote proxies.
        

Fixed income Corporate (non-financial) – engagement

Please explain why you do not engage directly and do not require external managers to engage with companies on ESG factors.

          We do not require any of our managers to do shareholder engagement or advocacy, but we do encourage them to. Many of our managers do engage with companies, and that is something we evaluate and consider in our due diligence process. Additionally, we have begun to ask for reporting on the engagements our managers do conduct with companies, especially those that are in Mercy's portfolio directly. Also, Mercy does actively vote proxies.
        

Fixed income Corporate (securitised) – engagement

Please explain why you do not engage directly and do not require external managers to engage with companies on ESG factors.

          We do not require any of our managers to do shareholder engagement or advocacy, but we do encourage them to. Many of our managers do engage with companies, and that is something we evaluate and consider in our due diligence process. Additionally, we have begun to ask for reporting on the engagements our managers do conduct with companies, especially those that are in Mercy's portfolio directly. Also, Mercy does actively vote proxies.
        

OO 11. ESG incorporation practices for all assets

Select the externally managed assets classes in which you and/or your investment consultants address ESG incorporation in your external manager selection, appointment and/or monitoring processes.
Asset class
ESG incorporation addressed in your external manager selection, appointment and/or monitoring processes
Listed equity

Listed equity - ESG incorporation addressed in your external manager selection, appointment and/or monitoring processes

Fixed income - SSA

Fixed income - SSA - ESG incorporation addressed in your external manager selection, appointment and/or monitoring processes

Fixed income - corporate (financial)

Fixed income - corporate (financial) - ESG incorporation addressed in your external manager selection, appointment and/or monitoring processes

Fixed income - corporate (non-financial)

Fixed income - corporate (non-financial) - ESG incorporation addressed in your external manager selection, appointment and/or monitoring processes

Fixed income - securitised

Fixed income - securitised - ESG incorporation addressed in your external manager selection, appointment and/or monitoring processes

Private equity

Private equity - ESG incorporation addressed in your external manager selection, appointment and/or monitoring processes

Property

Property - ESG incorporation addressed in your external manager selection, appointment and/or monitoring processes

Commodities

Commodities - ESG incorporation addressed in your external manager selection, appointment and/or monitoring processes

Hedge funds

Hedge funds - ESG incorporation addressed in your external manager selection, appointment and/or monitoring processes

Cash

Cash - ESG incorporation addressed in your external manager selection, appointment and/or monitoring processes

Other (1)

Other (1) - ESG incorporation addressed in your external manager selection, appointment and/or monitoring processes

Other (2)

Other (2) - ESG incorporation addressed in your external manager selection, appointment and/or monitoring processes

11.4. Provide a brief description of how your organisation includes responsible investment considerations in your investment manager selection, appointment and monitoring processes.

We use an ESG questionnaire to start a discussion with the manager and assess their commitment to responsible investment, include our view of ESG incorporation into our selection process and include an ESG commentary/rating in our internal memos for recommendation. Addiitonally, we have encouraged our consultants who provide manager research to assess and report on ESG for each manager recommendation they make for our portfolio. All our current consultants now include ESG in their manager recommendation memos. 


OO 12. Modules and sections required to complete

12.1. Below are all applicable modules or sections you may report on. Those which are mandatory to report (asset classes representing 10% or more of your AUM) are already ticked and read-only. Those which are voluntary to report on can be opted into by ticking the box.

Core modules

RI implementation directly or via service providers

Direct - Listed Equity active ownership

RI implementation via external managers

Indirect - Selection, Appointment and Monitoring of External Managers

Closing module

12.2. Additional information. [Optional]


Top