How ESG issues frame our view
For Elston, ESG integration is about taking a holistic approach. We insist on getting a more complete picture before we make an investment decision. We always look beyond the numbers and analyse each company within a strict environmental, social and governance (ESG) framework.
We believe in a better future for our people, for our clients and for the communities where we live. We are committed to maintaining our social license and employing stakeholder thinking to ensure Elston remains a good corporate citizen.
Our investment approach is designed to provide certainty for investors and consistency of results over the long term. The analysis of ethical, social, and governance issues is integrated into that process. Varying perspectives on ESG issues from different members of the team are not only welcomed but actively encouraged.
Elston’s journey is inspired by PRI. PRI is the world’s leading proponent of responsible investment. PRI’s aim is to bring responsible investors together to work towards sustainable markets that contribute to a more prosperous world for all. They encourage investors to use responsible investment to enhance returns and better manage risks.
Elston does not apply positive or negative screens to its investment universe. An integrated approach means identifying material ESG risks and opportunities. We are aware of the dangers of reducing exposures to a particular sector as well as the potential removal of diversification benefits that can result from applying screens.
Advisers are able to discuss the various applications of ESG that can be tailored to individual preferences and show what’s possible. If an investor has a non-negotiable stance on something like power generation, then advisers can work with them to create a solution that meets their objective.