We assess ESG factors (including climate-related risks and opportunities) in the context of materiality mindful of the SASB framework. Sector Specialists are responsible for assessing the materiality and relevance of ESG factors in their respective sectors and providing an ESG framework to the team. We formally rank the business quality of each holding in client portfolios on a three-level scale of A to C.
Quality ratings are reviewed on an ongoing basis with full transparency across the full Investment Team. As stated above, investment case documents including ESG issues and engagement priorities are maintained in a central and are available to all members of the Investment Team. In addition, the Investment Team have access to ESG data on a separate MSCI platform.