ESG Considerations
Environmental, Social & Governance
Taking ESG into consideration
For First Beijing, given our long-term mindset, sustainability is a central part of the firm’s ethos, culture, and DNA. We believe that ESG factors can significantly impact the value of companies. Hence, we take ESG into careful consideration during our investment process.
Active management
Since our investment approach involves building a direct relationship with company management, we can be better positioned than most other public market investors to access ESG-related information. We share best practices we observe from other companies in the sector (including their competitors) for management to consider.
Post investment
As part of our monitoring process, analysts are expected to track the changes in investments’ ESG performance. Analysts will need to report those whose performance is below certain criteria and industry-average standards to portfolio managers, and discuss how to address specific issues.