Our Future depends on our Collective and Individual Endeavour
At the heart of our sustainability endeavor PCG believes responsible decisions are a result of a strong sense of purpose and a high level of care and kindness. There should be mindful consideration of the environment, eco-systems, communities and ALL living inhabitants. In fact, not only do we foster a robust culture of governance, inclusiveness and equity, the individuals who form the PCG team are active participants in various charity organizations, foundations and NGOs. The activities here include botanical and animal protection and welfare, the handicapped, community outreach amongst others. We believe that only through proactively living, breathing and engaging with a broad range of stakeholders at a very personal level can we begin to understand the scope of what is truly at stake. In so doing, we can practice and integrate responsibly into our process and culture. This is the way to inspire the appropriate change and solve for the challenges and opportunities ahead of us all.
PCG believes in and is committed to the integration of Environmental, Social & Governance (“ESG”) factors into every aspect of our business, from our company culture to how we carry out our investment processes and decisions.
PCG employees are conscious about integrating sustainability in both their day-to-day investment activities and longer-term strategy. ESG is more than an acronym, a buzzword, or an investment filter. It is the standard to which each investment manager and employee should hold themselves, via the following principles (drawn from the United Nation’s Principles for Responsible Investing, “UNPRI”):
- We incorporate ESG issues into our investment analysis and decision-making processes;
- We seek to be active owners and incorporate ESG issues into our ownership policies and practices;
- We seek appropriate disclosure on ESG issues by the entities in which we invest;
- We promote acceptance and implementation of these principles within the investment industry;
- We work together to enhance our effectiveness in implementing the Principles;
- We will each report on our activities and progress towards implementing these Principles.
WHAT DOES ESG MEAN TO US?
As an investment manager, our foremost responsibility is our fiduciary duty to investors, of which ESG issues are a crucial and indispensable component. We believe that ESG is not just good business sense, it also leads to more sustainable markets and better long-term financial outcomes.
Within the broad spectrum of ESG issues, our key focus is on the following:
- Climate Change
Working with governments and regulatory bodies to achieve their carbon-neutrality targets
- Environmental Sustainability
Conserving natural resources and protecting global ecosystems to support health and well-being, now and in the future
- Labour Standards
Ensuring minimum standards for working conditions, fair pay, respecting workers’ rights and interests, and strengthening employer-employee relations
- Gender Inequality
Ensuring equal pay and benefits, progression and promotion, based on consideration of needs, and fighting discrimination on the basis of gender
- Anti-bribery and money laundering
Compliance with all applicable laws and regulations on bribery and corruption, and maintaining the highest standards for honesty and integrity