ESG Investing
Environmental, Social and Governance (ESG) investing means different things to different people. We discuss what is ESG and how it integrates with investing.
ESG factors can influence investment return and risk.
For Thornburg’s ESG integrated strategies, we analyze material ESG factors as a component of our fundamental research process.
Sustainable Philosophy
We believe that environmental, social and governance (ESG) issues influence investment risk and return and, therefore, our ESG approach incorporates ESG factors that we believe materially impact the investment outcome within our proprietary fundamental investment process.
Assess Material ESG Factors
We seek a deep understanding of financially material ESG factors and their integration into the risk and return framework.
We utilize a mosaic of sources, including the company’s primary materials, engagement with management teams, and/or independent third-party analysis.
Manage Stewardship Plan
As active managers we use a variety of tools in our stewardship practices, from direct engagement to using our voice in proxy voting.
We focus on constructive dialogue with companies, believing that building trust allows us to achieve the most productive change.
Policies & Documents
Latest Insights
Outlook
2024 Outlook ESG: Will High Rates Curb Infrastructure Investment?
If net zero carbon emissions remains the long-term climate goal, high interest rates require discipline deciding which projects are financed and which are not.
ESG
ESG Momentum: Investing Isn’t One Dimensional
Investors should consider ESG momentum investing that enables active managers to consider misunderstood companies as opportunities for alpha generation.
ESG
Green Policy vs Sustainability: Reconsidering ESG
For a long time, it seemed like ESG was trending towards a singular orthodoxy—that an "ESG Company" might be the one blessed by arbiters. That is no longer the case.
ESG
ESG Considerations In Securitized Fixed Income
At Thornburg, we feel a fully integrated investment approach is the most effective way to incorporate ESG factors into securitized fixed income analysis.
ESG
Plugging Into the Future With Electric Vehicles
The popularity of electric vehicles is a turning point for the auto industry. Thornburg has identified sustainable catalysts helping to drive this trend.
Capital Appreciation
Thornburg PM Perspectives: Identifying Strong Companies
Four Thornburg equity PMs discuss how they identify strong but undervalued companies while also seeking to mitigate material ESG issue risks.