We have a section in RFI questionnaires for the managers to complete. If the manager makes the short list to be interviwed then we will discuss ESG in more detail with them.
For appointments, our investment management agreements have a section in the investment guidelines on ESG. Managers are provided with our exclusion list at appointment and whenever the list isupdated.
For monitoring, we periodiaclly send questionnaires to our managers on specific topics. In July 2019 we sent questionnaire letters to all our managers, including ones where we were invested in pooled funds, asking how they incorporated climate change and ESG into their investment approach. Every 3 months we send our list of holdings to our Engagement provider, who uses this information to decide priorities for engagement.
On compliance, we monitor that they do not hold any of securities that are on our exclusion list. When we meet with managers, they will provide any updates on their ESG processes, or items of interest