Responsible investing
We believe that appropriate attention to ESG issues makes good business sense and that companies with sound practices and proper consideration of stakeholders are more likely to outperform those who do not consider these factors as important. For us, Responsible Investing is not just a statement, rather it’s an ingrained philosophy.
Integration
As part of our bottom-up investment process, we believe that ESG issues should be considered in determining a fair valuation as they can have a fundamental impact on the companies in which we are investing. Our investment process begins with screening for potential investments based on valuation measures (price/earnings, price/cash flow and price/book value), capital utilization (ROE, ROCE) and balance sheet strength. Once potentially attractive opportunities are identified, we incorporate ESG considerations using the following approaches:
ESG analysis
Using a proprietary tool, we gather data on all companies, using company, management and third party data, to assess an ESG score.
Valuation
Integrate the ESG assessment into a company’s valuation (either adjusting the discount rate, multiple, or replacement value calculation).
Engagement
We believe in active ownership and continually engage in ongoing dialogues with management and the Boards of the companies in which we invest to foster change. We report on these activities on a regular basis to our clients through updates in our quarterly reports.
Collaborative Initiatives
We believe that through promotion and collaboration with other industry participants on issues relating to ESG, we can help move change forward.
Socially Responsible Investment Strategy
Since 2006, we have run a Socially Responsible Investment Strategy employing a screen based on an exclusionary list supplied by a third-party provider. This negative screen is applied to the Canadian equity portfolio, in which we fully integrated ESG factors into our valuation, as described above.
United Nations – Principles of Responsible Investing (UNPRI)
Scheer Rowlett became a signatory to UNPRI in 2018.
Canadian Investor Statement on Diversity & Inclusion
As affiliates of CC&L Financial Group, Scheer Rowlett is a member of the Responsible Investment Association (RIA). In September 2020, we signed the RIA’s Canadian Investor Statement on Diversity & Inclusion.
Founding Participant in Climate Engagement Canada
We signed up in July 2021 as a Founding Participant in Climate Engagement Canada.
Scheer Rowlett ESG guidelines and analysis documents
For additional information on Scheer Rowlett & Associates Investment Management Ltd., please contact:
Brent Wilkins
Senior Vice President,
Head of Institutional Sales, Canada
Please take the time to carefully read the following as it contains important information regarding certain restrictions imposed by statute and the applicable securities regulatory authorities on the distribution of information through this website.
Material presented on this website should be considered for background information only and should not be construed as investment or financial advice. Further, information on this website should not be construed as an offer or solicitation by the Connor, Clark & Lunn group of companies to provide investment management services or to buy or sell any products.
The Scheer Rowlett & Associates Investment Management Ltd. (Scheer Rowlett) website may contain hyperlinks to websites operated by parties other than Scheer Rowlett. Such hyperlinks are provided for your reference only. Scheer Rowlett does not control such websites and is not responsible for their contents. The inclusion by Scheer Rowlett of hyperlinks to other websites does not imply any approval or endorsement of the material on such websites or any association with their operators.
The Connor, Clark & Lunn group of companies includes a number of entities that may be registered as investment advisers, investment fund managers and exempt market dealers in various provinces and territories of Canada. A number of entities are also registered with the Unites States Securities and Exchange Commission as advisers in that country and the Connor, Clark & Lunn group of companies also includes a number of investment advisers and fund managers that are authorized and regulated by the Financial Conduct Authority in the United Kingdom. The information provided on this website regarding each entity is directed solely towards qualified investors in jurisdictions where the appropriate entity is registered. Services offered by any of the entities in the Connor, Clark & Lunn group of companies are offered solely to qualified residents of the jurisdictions where the entities are qualified to do business.
Certain securities regulations prohibit the publication of specific registration information about the registered entities in the Connor, Clark & Lunn group of companies. For more information, please contact the Connor, Clark & Lunn Compliance Department at [email protected] or 604-685-2020.