Schroders awarded ‘Advanced’ recognition in Morningstar ESG Commitment Level Assessment

Morningstar, a leading provider of independent investment research, has awarded Schroders with ‘Advanced’ recognition in its first assessment report following the introduction of the Morningstar ESG Commitment level.

This ranking expresses Morningstar’s analysts’ assessments of individual strategies and asset managers’ determination to incorporate ESG factors into their investment processes and organisations. It is assigned to both strategies and asset managers according to a four-tier scale; ‘Leader’, ‘Advanced’, ‘Basic’, and ‘Low’.

In its first evaluation report of more than one 100 strategies and 40 asset managers, Schroders’ was awarded an ‘Advanced’ level due to the firm’s ongoing commitment to ESG integration and the strong vision of Group Chief Executive, which has played a central role in enhancing the firm’s focus on ESG and its investment in excellent resources and research.

Andy Howard, Global Head of Sustainable Investment, Schroders, commented:

“Its great to see our long standing focus on sustainable investment recognised by a key industry stakeholder.

“We committed to 100% ESG integration by the end of 2020, and I am proud to say that we are on the cusp of achieving this.

“Our forward-looking approach to assessing potential ESG risks and our long-term engagement with the companies in which we invest are key aspects of our active management approach.”