Selecting managers based on sustainability
At Cardano, we look for investment managers with strong sustainability credentials who engage and take their stewardship role seriously.
As the sustainable investment landscape evolves, this year we are challenging managers to do more and be ambitious. In this year’s letter we outline our views and expectations across several areas; Biodiversity, Diversity & Inclusion and Collaborative Engagement.
We want our managers to have an impact with the capital they have been entrusted with and demonstrate how they play their part in building a more sustainable world. We intend to learn and develop alongside our managers and to meet our portfolio’s and clients’ objectives in this area together.
In the letter we sent to managers this year, we asked them to focus on future ambitions. Substantial progress has been made over the past few years, but we encourage managers to continue to do more.
The key ways we would like to see managers taking action are:
- Plan: Develop a holistic plan to support the transition to a sustainable economy and demonstrate progress via reporting
- Engagement: Leverage your influence via collaborative engagement opportunities
It is our view that a sustainable economy should operate within planetary boundaries and have a strong stable social foundation. Our letter outlines the important factors and best practice for consideration.
We have been pleased with how our managers have engaged with us on this important topic.