While ESG has varying degrees of relevance in the investment process across our different investment funds we work to advance ESG integration in-line with client interest, business specific goals and tools to enhance risk adjusted returns. We are defining and expanding the use of ESG standards and Key Performance Indicators (KPIs) for every part of our Asset Management business. We train our analysts and portfolio managers through the delivery of a ESG dataset (currently based on MSCI ESG) to deepen the inclusion of ESG criteria into our investment processes. Our intention is to identify and assess material ESG criteria that potentially impact the value of our investments in order to achieve the best possible risk adjusted investment returns for our clients.
Engagement: We strive to improve ESG qualities across our holdings. Consequently, active and constructive discussions with issuers are responsibilities of our portfolio managers.