Environmental, Social and Governance (ESG)
OxCap considers ESG issues (positive or negative) to form a natural and important part of the fundamental research process given the direct impact on the financial performance of companies. Consequently, all members of the investment team are charged with understanding the OxCap ESG philosophy and policies, and effectively applying them throughout the investment process.
The exclusion screen in the beginning of the idea generation process removes tobacco and controversial weapons companies. OxCap uses a materiality map to facilitate a focus on areas of ESG risks for companies of particular industries for further investigation and engagement with the company’s management. Before inclusion into the portfolio, an ESG score is generated, and momentum of ESG metrics is a key consideration. Companies with a score of 1 are rejected.
OxCap is a signatory of the United Nations-backed Principles for Responsible Investment. We have long adhered to these principles as sound practice when managing money and supporting it reflects our desire to promote them as a matter of good corporate governance.
Ox Capital Management Environmental Social and Governance (ESG) Policy
Our ESG Policy contains more information on our ESG philosophy and process.