We are thoughtful and innovative in our ESG analysis. Our ESG integration methodology combines a quantitative assessment of ESG factors alongside a rigorous review of qualitative ESG considerations to derive a composite sustainability rating. In 2011, we were among the early adopters of ESG analysis, integrating key sustainability considerations in our fundamental research process.

Our proprietary quantitative frameworks draw on external data from a range of highly respected non-profit organizations, governmental agencies and sustainability ratings providers. Our qualitative assessment is based on internal analysis, including engagement discussions with issuers. This nuanced process requires analyst judgment, based on sector- and security-level materiality considerations. The goal is to derive a comprehensive perspective on whether an investment can compensate investors for risk relative to return.

Over the years, we’ve continued to refine our ESG research and develop new tools and capabilities to further enhance our sustainability insights. Through our continuing commitment to excellence and innovation, we aim to lead by example within a highly dynamic space. At the same time, by advancing the investment case for ESG, we hope to galvanize the broader investor community toward mainstream adoption of ESG and sustainability principles.

You can read our ESG and Engagement Policy here.