Coronation performs its own proprietary modelling and valuation of stocks, including internal ESG assessments. We source information from publicly available sources including, but not limited to, the annual reports of companies or other public documents, news articles, third party databases like CDP, direct communications with companies etc. We also research outside the conventional channels. We spend a lot of time talking to customers, suppliers, regulators, competitors (local and global), ex management etc. The team reads widely, engages with relevant industry executives, research organisations and analyst to understand the risks of companies we analyse.
We also subscribe to MSCI ESG rating module for access to their independent ESG reports on companies for consideration by the analyst covering each respective stock. We do not place value on the rating provided, we ensure any risks raised have been considered.