Our Approach to ESG Investing
"Our goal is to help clients achieve their investing goals—whether financial, sustainable, or both."
Robert W. Sharps, CFA
Chair of the Board, Chief Executive Officer and President
We believe that governance and sustainability factors can influence investment risk and return, and therefore, we integrate them into our fundamental investment analysis.
Our philosophy is that governance and sustainability factors are evaluated alongside more traditional investment factors. Where these factors are financially material, they are considered as part of the investment decision.
ESG Integration
We define ESG integration as the incorporation of governance and sustainability factors into investment analysis with the aim of maximizing investment performance.
For more information, please see our Governance and Sustainability Policy Statement and our investment approaches for the integration of climate change, biodiversity and human rights factors into our investment research.
Stewardship
We approach stewardship through a fiduciary lens with the objective of supporting long-term value creation consistent with the mandates given to us by our clients.
Stewardship includes engagement, proxy voting and policy advocacy. For more information, please see the Engagement Policy Statement, TRPA Proxy Voting Guidelines, TRPIM Proxy Voting Guidelines and our Investment Philosophy on Shareholder Activism.
Exclusions
We implement limited sets of exclusions to our portfolios, which means these portfolios do not invest in some issuers. The vast majority of our assets under management are only subject to a set of firmwide exclusions, which target genocide and/or crimes against humanity. For some of our assets under management, additional exclusions are applied to vehicles in specific regions where market preferences exist, and to specific strategies that have sustainable or values-related objectives.
For more information, please see our Exclusion Policy.
Reporting
Our public disclosures relating to Governance and Sustainability include:
Stewardship Report - Annual disclosure that demonstrates our alignment to the UK Financial Reporting Council’s 2020 UK Stewardship Code, the EU Shareholder Rights Directive (SRD II), and the principles of the Japan Stewardship Code.
TRPA Proxy Voting Summary and TRPIM Proxy Voting Summary – Global proxy voting data, trends and analysis.
TRPA Proxy Voting Records and TRPIM Proxy Voting Records – Semi-annual fund level proxy voting.
Our thinking on ESG
Learn more about our approach to ESG investing and explore our insights.
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