Magellan is committed to responsible investment. Environmental, Social and Governance (ESG) issues are a natural component of Magellan’s investment process, as gaining a robust understanding of these issues is a key part to assessing the outlook for future earnings and risks. Magellan’s Responsible Investment Principles outlines and summarises Magellan’s approach to responsible investment, ESG integration, engagement and proxy voting.
Over the years, we have taken steps that highlight our commitment to responsible investing:
|Carbon footprint as at 30 June 2020
(tonnes co2e per $us million revenue)
|Magellan Global Fund||278.1|
|Magellan High Conviction Fund||21.2|
|Global Sustainable strategy||33.5|
|US Sustainable strategy||32.0|
|MSCI World Index (as at 30 April 2020)||162.4|
Note: Portfolio carbon intensities are calculated using the weighted average carbon intensity method.
To learn more about how Magellan considers ESG issues and our approach to proxy voting, click on the relevant Magellan policy below: