Better Portfolios for a Better World

We narrow the initial investment universe using financial and ESG-related quality criteria and market capitalization considerations. We exclude companies that have consistently lost money, taken on unsustainable levels of debt, or experienced such volatile operating performance that we lack confidence in projections about future profitability. We also exclude companies that make harmful products, have caused egregious harm to stakeholders, or have a history of poor governance.

We create a focus list to include companies with favorable fundamental outlooks versus market expectations; attractive, sector-appropriate valuation relative to future earnings, cash flow, and net asset value; and demonstrated ESG leadership and vision. We examine the sector-relative material risks and opportunities impacting companies and produce detailed ESG-integrated research reports at the company and sector levels that highlight emerging issues, best-in-class practices, risks, and opportunities.

We finalize selection and build diversified portfolios based on themes identified by global sector analysis, ESG research, and macroeconomic assessment using interdisciplinary risk management.

We actively engage with the companies we invest in, working to improve their ESG initiatives. Our engagement priorities focus on climate change & earth renewal, health & community well-being, and inclusion & empowerment. Over time, our work has carved a path and developed models for effective portfolio company engagement with meaningful results.