MSCI Inc. (NYSE: MSCI), a leading provider of investment decision support tools worldwide, announced today that Investec Asset Management has selected MSCI ESG Research to provide environmental, social, and governance (ESG) research, ratings, and screening tools to help it integrate ESG factors into its investment process.
Investec Asset Management has subscribed to MSCI ESG Research’s full suite of products including MSCI ESG IVA and MSCI ESG Impact Monitor for research and ratings, as well as MSCI ESG Business Involvement Screening Research. These will be used to identify key ESG issues and will also help Investec Asset Management assess whether companies have risk management strategies commensurate with the ESG risks they face.
MSCI ESG Research will provide ESG research on the constituents of the MSCI World, MSCI Emerging Markets and MSCI Emerging Frontier Markets Africa Indices, as well as the MSCI South Africa Investable Market Index. ISS, an MSCI brand, has been providing proxy voting services to Investec for a number of years.
“We are pleased to be adding MSCI ESG Research products to our investment toolkit,” said James Hand, co-Head of 4Factor Equities at Investec Asset Management. “As part of our overall approach to Stewardship, Investec Asset Management believes that ESG data are an important and growing component of valuing certain companies. We are confident that MSCI ESG Research will help to deepen our understanding of these issues.”
Henry Fernandez, Chairman and CEO of MSCI, added, “Recent developments in South Africa, such as changes to Regulation 28 of the South African Pension Fund Act and the launch of the Code for Responsible Investing in South Africa (CRISA), as well as other developments around the world, place a growing emphasis on ESG factors. As asset owners increase their expectations for effective ESG integration, asset managers are turning to MSCI ESG Research to help them meet investment mandates and understand ESG-driven investment risks and opportunities. We are delighted to be working with Investec Asset Management to help them serve the growing demand for ESG investing around the world.”