Active investment firm, Man Group, has announced further improvements towards its commitment to responsible investment (RI) by introducing the firm’s new RI fund framework and RI exclusions list.
The RI fund framework would be a formal structure quantifying the degree of RI focus for all of its funds, while the RI exclusions list would name all sectors and companies that were no longer eligible for Man Group’s portfolios.
Additionally, the new framework would provide baseline requirements of environmental, social, governance (ESG) standards and would establish three categories for all Man Group’s funds:
Man Group’s RI exclusions list would aim to designate sectors excluded from the company’s RI-integrated or RI-dedicated funds. This would include sectors such as:
The firm also established a new RI exclusions committee, which would focus on developing further guidelines to direct exclusions, and would review and report any amendments and exclusions to Man group’s RI committee.
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