Key aspects of the agreement include transfers of knowledge, investment experience, perspectives and concepts by Wellington's fund managers and analysts in the company's headquarters in Boston, USA, and major cities around the world, including London, Shanghai and Australia.
We believe that businesses that take sustainability seriously will give get returns in the long run. Consequently, these conditions force businesses to spend considerable funds on mitigating climate transition risks such as the shift from fossil fuels to clean energy. It will also raise the level of awareness and consideration of ESG factors that are tangible and comparable to international standards, thereby providing a solid foundation for sustainable investment in Thailand.
Also commenting on the agreement, Mr. Samuel Hui, Managing Director, Wealth Business, Client Group APAC, Wellington Management, said, "Wellington strives to drive excellence for our customers by developing sustainable investment strategies based on credible research and appropriateness to the future. Sustainability is both a strategic priority for us and an important part of our commitment to clients. Our in-depth in-house ESG research supports our entire investment team.
In addition, scientific collaborations with institutes such as the Woodwell Climate Research Center WCRC provide key data and statistics we use to inform our investment decisions.
Covering almost every sector of the global stock market, the company's innovative investment solutions are built on the strength of rigorous research owned by the company. To better assess risks and opportunities in client investment portfolios, we integrate analysis of environmental, social and governance ESG factors into our investment and risk management processes across the company.
