Investor demand for a combination of social or environmental impact along with financial results has exploded in the United States during recent years. From the beginning of 2012 to 2018, socially responsible assets in the US have grown from $3.7 trillion to $12.0 trillion, or one in four dollars under professional management.*
*US SIF Foundation. Figures include Exclusionary Screens, Environmental Social Governance, and Impact Investing Strategies
Since our inception, our fiduciary responsibility has been to help our clients meet their investment objectives by delivering the highest level of return for a given level of risk. We believe that the application of environmental, social, and corporate governance (ESG) factors to our traditional research process can have a meaningful impact on the risk/return profile of investment portfolios. We employ an integrated, or "Best-in-Class" investment process which goes beyond the purely exclusionary style of traditional SRI investment mandates. The results of this process are stand alone Mid Cap Growth and Large Cap Growth ESG portfolios.
In addition, for investors or institutions seeking to align their investments with their values or mission we have offered a more traditional exclusion-based responsible approach for over twenty years. We categorize this approach as Socially Responsible Investing (SRI). SRI clients consult with our investment management team to impose restrictions to exclude specific companies or industries from portfolios as their respective business practices conflict with our client's social, ethical, or moral mission statement.
Our integrated, or Best-In-Class, investment process goes beyond the pure exclusionary style of traditional SRI mandates by proactively considering ESG factors in the portfolio construction process.
Through incorporation of ESG research* and screening tools into Congress’ research, a holistic view of corporate conduct is created. Preferred names in the fund are those that we deem to provide a net benefit to society. A full scope of ESG issues are considered, including, but not limited to:
Environmental: preparedness, GHG emissions, carbon intensity, track record, etc.
Social: supply chain, community involvement, human rights, diversity, etc.
Governance: whistleblower programs, board independence, executive pay, etc.
We offer customized equity portfolios that avoid exposures to companies or sectors that conflict with your social objectives. Common examples of exclusions include manufacturers of fossil fuels, weapons/firearms, alcohol, and gambling. In addition, we have a long history of working with faith-based organizations to meet their requirements. In particular, we offer screening based upon the United States Conference of Catholic Bishops directives.