Pleasant Places
Pleasant Places by Davide Quayola

Commitment to responsible investing

We believe that by investing in companies which operate with high standards of corporate responsibility we can protect and enhance investment returns for our clients.

Through our rigorous bottom-up research process we gain an in-depth understanding of ESG issues at a company level before they escalate and potentially threaten the value of our clients’ investments.

A+rated by PRI

780+companies actively engaged per year

4,200+votes at shareholder meetings per year

A+ rated by PRI

We have been a signatory to the Principles for Responsible Investment (PRI) since 2012.

We are proud of our ratings - in 2019 we scored A+ in all categories assessed by PRI.

Our ESG scorecard

Module2019 Fidelity Score2019 Median2018 Fidelity Score2018 Median
Strategy & GovernanceA+AA+A
Listed Equity - IncorporationA+BA+B
Listed Equity - Active OwnershipA+BA+B
Fixed Income - Corporate Non-FinancialA+BA+B
Fixed Income - SSAA+BA+B
Fixed Income - Corporate FinancialA+BA+B
Fixed Income - SecuritisedA+CA+C
To access the PRI transparency report please visit:

Source: PRI. Rating was assessed in 2019 by the PRI and was based on company data as at 31 December 2018. Range of ratings go from E to A+.

780+ companies actively engaged in 2018

In 2018, we engaged with more than 780 companies on issues such as governance and remuneration, board composition, capital structure and environment and social issues.

As significant investors in many companies, we believe it is our duty to encourage companies to act in the best interest of shareholders and our environment - for better investment outcomes for our clients.

We have engaged with companies on issues such as:

  • Bribery and corruption
  • Lack of board integrity and competence
  • Misaligned remuneration
  • Shareholder rights
  • Data breaches/cyber security
  • Corporate failings
  • Climate change/risk

Voted at 4,200+ shareholder meetings

In 2018 we voted at more than 4,200 shareholder meetings, voting against management in nearly a third of cases to protect the rights of investors. For our full voting record, visit this page (

ESG is part of our investment process

There are four important inputs into how we analyse ESG for each company that we research - our analysts, our specialist ESG team, external research and our portfolio managers who actively consider ESG in their investment decisions

  • Around 200 analysts globally
    Analyst in-depth research of ESG issues
  • External research
    Sustainalytics rating for every company covered
  • Ongoing PM monitoring
    Portfolio managers analyze ESG factors
  • Specialist ESG team
    Specialist ESG team at forefront of engagement, trends & issues

Contributing to global standards

We participate in the debate over the development of appropriate standards for responsible investment through our membership in various forums including:

  • Asian Corporate Governance Association (ACGA)
  • Corporate Governance Forum
  • Global Real Estate Sustainability Benchmark (GRESB)
  • International Corporate Governance Network (ICGN)
  • The Investor Forums (in both Japan and the UK)
  • UK Sustainable Investment and Finance Association (UKSIF)
  • Dutch Association of Investors for Sustainable Development (VBDO)

In addition, we are signatories to the UK Stewardship Code and the Japanese Stewardship Code.

External Recognition

External Recognition
A collection of ESG documents