This week we are pleased to share our third annual ESG Update. Understanding company exposures to material ESG factors and how they relate to corporate strategy are fundamental considerations for long-term investors. Our fully integrated approach to ESG complements our bottom-up analysis and contributes to more informed decision-making.

This year we continued to build on our efforts, with the key objective of supporting strong risk-adjusted returns for clients.

Highlights from the past year include:

• Continued utilization of our proprietary ESG scorecard for all portfolio companies;
• Maintaining our fully independent proxy voting efforts;
• Strengthening relationships and promoting continuous improvement through ongoing company engagements;
• Completing our first submission under the Principles for Responsible Investment (PRI) new reporting framework;
• Renewed membership in the Canadian Coalition for Good Governance (CCGG).

For more information about our ESG activities in 2023, access the full report here.