WE SEEK CONSTANT IMPROVEMENT
TO KEEP UP WITH THE TIMES
Photo: João Farkas
APPROACH
For us, Environmental, Social, and Governance, or ESG, complement the analysis of the risk vs. return relationship of our investments.
ENVIRONMENTAL
- Ecosystem
- Environmental Management
- Resource Usage
- Waste Management
- Greenhouse Gas Emissions
Social
- Workers
- Suppliers
- Customers
- Community
GOVERNANCE
- People
- Culture and Management
- Trust and Integrity
- Alignment of Interests
- Control and Legal Structure
We also evaluate managament attitude in an attempt to not limit the analysis to a static picture, and capture the underlying story.
MATERIALITY
- Does the company recognize its materiality and act upon it?
GOALS & TRANSPARENCY
- Is disclosure aligned to international references, with material KPIs and goals?
EVOLUTION
- Has the company evolved in materiality, goals and transparency?
ESG MATRIX
ESG STRATEGY
ESG PORTFOLIO CONSTRUCTION
Indie
Indie FIC FIA
Flagship vehicle at Indie Capital, with fundamental investment approach and focus on identifying good business models managed by excelent executive teams.
- Inception:
- 28/12/2012
- Benchmark:
- IBrX 100
- Target Audience:
- Investors in General
Indie 2
Indie 2 FIC FIA
The fund mirrors the flagship vehicle and is rebalanced by increasing exposure in companies with high ESG quality and engaged management teams.
- Inception:
- 24/12/2019
- Benchmark:
- IPCA + Y.IMA-B
- Target Audience:
- Qualified Investors
FIGURE ILUSTRATIVELY DEMONSTRATES PERCENTAGE OF AUM ALOCATED IN EACH ESG QUADRANT, CONSIDERING:
I – COMPANIES WITH A REPUTATION FOR PRIORITIZING ESG AND WHOSE MANAGEMENT IS HIGHLY ENGAGED. WE SEE LOWER RISK AND A GREATER POTENTIAL FOR GENERATING VALUE WITH THESE COMPANIES THAT ARE A MARKET REFERENCE IN ESG. THEY THEREFORE BENEFIT FROM INCREASED EXPOSURE IN THE INDIE 2 FIC FIA FUND COMPARED TO THE INDIE FIC FIA FUND.
II – COMPANIES WHOSE MANAGEMENT DISPLAYS A WILLINGNESS TO DEVELOP ESG PRACTICES BUT HAVE NOT YET PUT THEM INTO PRACTICE. THESE HAVE THE SAME WEIGHT IN INDIE 2 FIC FIA AS THEY DO IN INDIE FIC FIA.
III – COMPANIES THAT ARE NOT YET DEVELOPING ESG FRONTS AND WHOSE MANAGEMENT IS NOT ENGAGED. WE UNDERSTAND THAT THESE COMPANIES PRESENT A HIGHER RISK OVER THE LONG TERM; THEY THEREFORE HAVE LESS EXPOSURE IN INDIE 2 FIC FIA COMPARED TO IN THE INDIE FIC FIA PORTFOLIO.
IV – COMPANIES THAT NATURALLY ADDRESS ESG ASPECTS, EVEN IF THEIR MANAGEMENT IS NOT FULLY ENGAGED WITH THE TOPIC JUST YET. THESE HAVE THE SAME WEIGHT IN INDIE 2 FIC FIA AS THEY DO IN INDIE FIC FIA.
PARTNERS
