Responsible Investment
As a long-term investor OMIGSA understands the sustainability imperative and its role in changing the competitive landscape of every industry. OMIGSA believes that companies that are able to respond to this trend and innovate early will reap the benefits of stronger growth prospects, enhanced operating efficiencies, stronger social licence to operate, enhanced staff retention, lower cost of capital and, ultimately, stronger and longer competitive advantage.
Consequently, at OMIGSA we believe that incorporating environmental, social and governance (ESG) factors into our investment and ownership decisions will support the pursuit of superior risk-adjusted returns for our clients.
Not only does this make sound business sense, but as the custodian of our shareholders’ and beneficiaries’ long-term futures, it is also the right thing to do.
Our group approach to responsible investing (RI) draws on the key elements of the United Nations-backed Principles for Responsible Investment (UN PRI), the requirements of Regulation 28 of the Pension Funds Act (Reg 28) and the Code for Responsible Investing in South Africa (CRISA).
Our pledge to Responsible Investment is summarised in our Responsible Investment Guidelines, which commit OMIGSA to: the integration of ESG factors into investment decisions, acting as a responsible steward of assets; playing an active RI leadership role in South Africa; managing conflict of interests; collaborating with co-investors on material ESG issues; and annual disclosure regarding our RI progress.
Responsible Investing Resources: