We focus our investment approach on long-term performance by fully integrating sustainability analysis into our decision-making at every step in the process.
Comprehensive, nuanced and multifaceted, our research process incorporates secular analysis, topical and industry research, company analysis and input from a variety of external subject matter experts.
The first step in our investment process is to form a strategic view on how certain areas of the economy — such as an industry or a region — are expected to change over the long term.
We are interested in understanding the forces shaping company profitability and value in the future. Our analysis includes conventional drivers – such as market share, input cost pressures and changes in consumer tastes – in addition to broader sustainability challenges.
Roadmaps Detailed proprietary research on countries, industries, subsectors and topics relevant to our investment interests.
Summits Generation-hosted gatherings of external experts brought together to help inform our thinking on complex topics.
Once we have formed a strategic view, we then look to identify quality companies we believe will thrive in this environment in the long term - we seek to invest in sustainable businesses providing products and services consistent with a low-carbon, prosperous, equitable, healthy and safe society.
The search for quality is at the core of our investment analysis and diligence. We integrate fundamental analysis and sustainability factors to better assess the quality of the businesses and management teams. We believe our investment process leads to differentiated conclusions on the quality and long-term performance of the companies and management teams we invest in.
- Barriers to entry: “the moat”
- Attractiveness of "the castle"
- Critical sustainability factors
- Pricing power
- Business stability
- Degree of difficulty
- Long-term orientation
- Culture and mission
- Human capital management
- Track record
- Capital allocation
- Corporate governance
We take our responsibility as stewards of our clients’ capital seriously and consider being an engaged shareholder an integral part of responsible ownership and not something that can be outsourced.
We actively engage with portfolio companies and provide guidance on areas where we have insight and expertise.