Context:Development and full integration of ESG within the credit analysis process
Impact for the fund:Integrate ESG as one of the key building blocks of our fundamental analysis
Atlanticomnium’s approach to ESG is not “one-size-fits-all”. We have always taken relevant market-specific factors into account in our research such as Governance but we decided to implement a robust granular approach on ESG-specific risks. For this reason we are in the process of fully integrate ESG analysis as one of the key building blocks of our fundamental analysis framework.
This will enhances our in-depth fundamental research approach by adding another source of information and angle for our analysis.
Better understanding of the risks and credit drivers of our issuers will contribute to strengthen our investment decisions.
As with other risks – we don’t aim to use the ESG research to exclude issuers but enhance our analysis.
Integrating ESG fits our strategy of focusing on high conviction issuers that add value for all stakeholders given our long-term buy & hold investment philosophy
The project will aloud us to report a ESG scoring for the funds and the underlying issuers, we are targeting end of year 2019 early 1Q20 to start disclosing ESG ratings for the GAM Star Credit Opportunities funds framework