Sustainability

Sustainable practices have a very broad meaning and is probably explained different depending on whom you ask, for us it means on the ethical scale to be accountable to future generations and from the business perspective because it is the smart thing to do as we believe the market increasingly will price in a discount on companies that don’t take their footprint on society seriously enough. It is simply a matter of risk control.

Proxy P is a signatory and member of the UNPRI, and is bound by the PRI principles meaning that we are committed to evaluating investments from Environmental, Social and Governance aspects (ESG).

Proxy P believes in being Objective, Realistic and Pragmatic in all aspects of investing, as such, ESG issues are a natural part of understanding the upside and downside, the risk and the opportunities that a potential investment target contains. We actively screen our investments from ESG perspectives as part of our fundamental and quantitative analysis and have it incorporated into our investment decisions. We simply consider ESG as a part of an enhanced risk management that help us understand additional company risks in the operational, reputational and long-term business aspects.

For us ESG is a tool to better serve our investors' interest and improve our long-term returns. We are committed long-term to continuously improve our practices in regard to act as a responsible investment manager as we are convinced this will improve our investment service.

Proxy P Policy

Proxy P policy for sustainable investments is established by our board and is reviewed annually. Our CEO is responsible for keeping our policy updated and that our funds are managed in line with our policy and commitment towards sustainability.

Our investment targets are monitored from an ESG perspective before and during an investment. We aim to be an active owner where we believe we can make an impact. We do annually report on our work for being a sustainably focused investment manager. We use external service providers as well as our internal system to systematically review our holdings from the ESG perspective.




Proxy P Management policy on long-term shareholder engagement

Swedish government on Directive 2017/828 of EU stipulates that an AIFM has to report on below points:

  • Overview of the AIFM policy on voting and shareholder engagement in portfolio holdings
  • Overview of the most important shareholder votes for the preceding year
  • Information if the AIFM has used advice or voting recommendations from voting advisors

Proxy P reporting on above for 2018:

  • Proxy P has an internal policy in regards to how the AIFM acts as a shareholder in portfolio companies, the policy can be supplied to fund investors in Proxy P managed funds at request to info@proxypm.se. The policy is reviewed and approved on at least an annual basis by the board of Proxy P. Proxy P current approach to shareholder issues can be summarized to be of a passive approach, meaning that Proxy P closely follows shareholder issues and important questions for the portfolio holdings including questions raised at shareholder meetings. However, Proxy P's current policy is not to be an active owner in the portfolio companies. When and if Proxy P votes on shareholder issues ,Proxy P always acts in a manner that follows our ESG policy and is in the best interest of our fund shareholders to the best of Proxy P's knowledge.
  • Proxy P funds were launched in December 2018 and has as such not been involved in any shareholder votes for 2018
  • Proxy P has not utilized voting advisors in any way for 2018