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:
Proxy P reporting on above for 2018: