Stewart Investors take a bottom-up approach to sustainable investment. We look for quality companies that are well positioned to meet the challenge of sustainable development and contribute towards achieving it in developed or developing countries. We have a strong conviction that such companies face fewer risks and are better placed to deliver positive long-term returns to shareholders.
The investment objective of the sustainable funds is to generate attractive long-term, risk-adjusted returns for our clients by investing in companies involved in sustainable goods and services, responsible finance and required infrastructure. We are not passive investors. We recognise there is no such thing as a perfect company and believe positive engagement plays an important part in improving shareholder value and protecting the value of our client portfolios over the long-term. We engage actively with company management on a wide range of issues including governance, reputation, strategy and other environmental and social issues.
Pendal Group is an ASX-listed global asset manager with approximately A$99 billion in assets under management. Responsible investing is part of Pendal’s heritage, with its first ESG-orientated strategy being launched in 1984.1 Today, Pendal Group manages approximately A$2 billion in ethical and sustainable investment strategies across multiple asset classes.
1. The BT Charitable Fund (now Pendal Sustainable Balanced Fund) was launched in 1984 when Pendal Group was part of the BT Financial Group Pty Ltd.