Stewart Investors Sustainable Funds Group has won the inaugural Fund Manager of the Year – Sustainable Investing category at the 2022 Morningstar Australia Awards.
Stewart Investors is the first fund manager to win the new Morningstar Australia Awards category for sustainable investing.
To receive the sustainable investing award, a fund manager must have achieved superior results for the Morningstar ESG commitment level assessment (asset manager); a forward-looking qualitative assessment incorporating three key pillars: philosophy and process, resources; and active ownership.
The fund managers were also assessed on the Morningstar ESG commitment assessment (strategy); the Morningstar Sustainability Rating; the Morningstar carbon metrics (specifically low carbon designation); as well as the Morningstar Analyst Rating.
Pablo Berrutti from Stewart Investors, said “it is an honour to win Morningstar Australia’s inaugural Fund Manager of the Year – Sustainable Investing category”.
“Morningstar Australasia is trusted by investors around the world for its investment analysis and reporting, so recognition from Morningstar has great significance.
“We are particularly pleased that our sustainable investing values were recognised by Morningstar’s assessment criteria.
“Our approach to sustainable investing goes far beyond just quantitative measures. We look holistically at any company and how they affect the ecosystem that they exist in.
“We have a long-term investment philosophy, as we look to sustainable development as a key driver of investment performance and our bottom-up approach ensures that we invest in high-quality companies,” Mr Berrutti said.