Principles for Responsible Investment
As institutional investors, we believe that we have a duty to act in the best long-term interests of our beneficiaries. In this fiduciary role, we believe that environmental, social, and corporate governance (ESG) issues can affect the performance of investment portfolios to varying degrees across companies. We also recognize that weighing these issues in the context of our decision making may better align investors with broader objectives of society.
As such, Harvest regularly performs environmental due diligence on all portfolio companies and avoids investments in sectors like tobacco, pornography, firearms, etc. In addition, Harvest conducts significant strategic due diligence on every potential investment. This due diligence generally includes the impact that potential environmental, government, and social issues/trends may have on the ultimate financial performance of an investment. In this due diligence process, Harvest regularly engages advisors to review and provide comment and analysis on the potential impact of a variety of factors which generally include environmental issues, corporate governance standards, and social trends.
