The Trustee considers that sustainability factors, commonly characterised as environmental, social and corporate governance (ESG) factors can impact the long-term investment outcomes of the Portfolio. Our investment management agreements set out that managers are required to adhere to our Responsible Investment Policy and integrate ESG into their investment process.
The Trustee has formulated a Responsible Investment Policy, a copy of which will be provided to the Manager at the commencement of this Agreement. These may be updated from time to time as the Trustee’s approach evolves and an updated copy of the Policy will be provided to the Manager. The Trustee reports on ESG management and development across its Portfolios.
The Manager acknowledges that it is aware of and will use reasonable endeavours to act consistently with the Trustee’s responsible investment philosophy and beliefs in its management of the Portfolio.
The Trustee is a signatory to The United Nations Principles for Responsible Investment (UNPRI). The Trustee requires the Manager to be aware of the UNPRI and use reasonable endeavours to act consistently with the UNPRI.