ESG forms a core part of the investment process. ESG risks are assessed on a financial materiality basis as well as any thematic issues deemed a priority by Cbus, such as safety. These can be built into future engagement with the company.
Stock Peer Review meetings are held whereby information presented by a team member is reviewed. Information is circulated and stored on the information management systems and all team members can contribute or critique work undertaken in relation to a given company.
The equity teams monitor company reporting in order to identify issues, look for improvements or otherwise in the disclosures made by the company. Third party ESG materiality frameworks such as SASB help direct this review.
Regular meetings between the portfolio manager and members of the Responsible Investment team are scheduled fortnightly.
The review of external ESG providers is the responsibility of the Cbus Responsible Investment team and they receive input from stakeholders across the organisation. Both the Responsible Investment team and the Internal Equities team engage with these providers on a regular basis.