Provide any additional information on your organisation’s performance management, reward and/or personal development processes in relation to responsible investment.
Describe the level of experience board members/trustees/chief-level staff have with incorporating ESG factors into investment decision-making processes.
The Trustees and Chief Executive of Statewide have a general level of awareness about the inclusion of ESG factors in investment selection/decision-making, sufficient to discharge their duties. The Trustees receive annual reports on matters pertaining to the ESG Investment and Proxy Voting Policy. The Chief Investment Officer keeps up to date on developments in ESG investing, in particular its potential effect on performance returns and regularly questions investment managers on their methods and experiences, using this information to determine any changes that may be required in investment strategy. The CIO was previously an investment manager and has first hand experience of investing including ESG factors. Our team regularly discuss ESG matters with our external investment managers in their regular meetings.