We call this our ‘twin-lens approach’. Only investments that meet our stringent criteria for these are placed into what we see as our ‘investment universe’. All investments that come into that investment universe have been carefully assessed for both financial returns and their impact on both society and the environment.
This isn’t just about negative screening; it doesn’t simply mean ruling out investing in companies with bad practices. Instead, our approach takes a much more detailed view of which opportunities may have a positive impact. These two due diligence processes — of investment and impact — run in parallel, with each team having a say over whether an investment is approved. While their processes are separate, the teams work closely together to understand the merits and/or potential risks of an investment.
This approach allows us to ensure that the long-term impact goals of the people who invest with us are being met alongside their financial ones.