As a wealth management firm for Private clients we have clear rules of conduct where we put our clients first and avoid conflict of interest at all cost; should a conflict of interest arise we have to put our clients first and offer full transparency.
We discuss ESG/SRI investment with all our clients; we increasingly see it as our fiduciary duty so inform our clients of the option to invest their assets in a socially and environmentally responsible manner, and aim to educate them about the possibilities therefore, the historical and expected returns vs non-SRI investment, and the difference in impact on the environment and society.
It is in the end up to our clients whether they choose a portfolio that is managed with a specific ESG/SRI mandate, or a more "traditional" portfolio.
For the SRI/ESG portfolio mandates we only use external managers with strong ESG credentials and measurable impact; managers with a well defined approach, usually a combination of exclusions and "best in class". We expect that these managers actively engage with the companies they invest in, vote their proxies, and use their engagement to encourage positive change. We also use a number of impact funds.