How does Tempo consider environmental, social, and corporate governance (ESG) investing?

We aim to incorporate ESG into our investment decisions for Tempo. We undertake screening in relation to companies in the underlying funds that our global and specialist funds invest in. We apply that screening both as part of the selection processes and in our regular monitoring.

However, because we don’t manage the underlying funds that our global and specialist funds invest in, we don’t have control over the holdings within them and cannot get them to dispose of an offending investment, should one arise.  This means that when we identify a company in an underlying fund that fails our ESG screening, our decision will be whether to (a) still select or continue to hold the underlying fund, or (b) not select it or to sell it.

To learn more about the extent to which ESG factors are incorporated into Tempo’s investment choices, and the extent to which ESG factors are applied within the underlying funds that the Forsyth Barr Funds invest in, see our full ESG policy in Tempo’s Statement of Investment Policy and Objectives (SIPO). Visit our disclosures and documents page to view the latest ESG disclosures.