SGA hired ISS to assist in our efforts to conduct objective and effective research relative to our proxy voting decisions. Consistent with this, we also updated our Proxy Voting Policies and Procedures. ISS’s research and recommendations provide an important input alongside our own proprietary perspectives, and allow us to ultimately make the most informed and beneficial independent decisions on behalf of our clients.
SGA also hired MSCI to provide objective third party ESG data and evaluations of businesses on our Qualified Company List as well as new opportunities we are considering for placement on the List. This information is considered in addition to our own proprietary company research which is focused on assessing the predictability and sustainability of growth businesses, including analysis of ESG factor-related risks and opportunities. MSCI will also be assisting us with regard to better understanding and evaluating the GHG emissions and related risks associated with businesses we consider for investment. MSCI replaced Sustainalytics as SGA’s third party ESG data and insights provider.