Provide a brief description of how your organisation includes responsible investment considerations in your investment manager selection, appointment and monitoring processes.
In the manager selection and appointment process NEI evaluates ESG integration in the investment process, as well the firm's overall ESG capabilities. This is done though the RFP process and an on-site due diligence meeting. Examples of how firms' ESG capabilities are assessed include number of ESG professionals, proxy voting/engagement policy, ESG fit and potential to collaborate on ESG engagements. A full quantitative and qualitative ESG assessment is completed and maintained for each external manager. This assessment is updated annually during the normal monitoring process. NEI also sends out ESG surveys that evaluate each firm’s commitment to adopting emerging ESG practices.