Whilst ESG factors are not the over-riding criteria in relation to the investment decisions taken by the Manager for the Company, significant attention is given to ESG and climate related factors throughout the Manager’s investment process. The Manager gives particular weight to ESG factors when they are material to the investment case being made for an investee company. In the Manager’s view, companies that successfully manage climate change risks will perform better in the long term. It is important that the Manager assesses the financial implications of material climate change risks across all asset classes, including real assets, to make portfolios more resilient to climate risk.
Please see pages 19 to 20 of the annual report
for more information.