CCM's mission is to deliver superior risk-adjusted returns through investment strategies that contribute to positive environmental and social outcomes. Our investment philosophy identifies opportunities with a focus on capital preservation, current income, diversification, volatility control, total return, and risk minimization. We incorporate the environmental and social aspects of ESG investing into our investment philosophy by proactively seeking market-rate, fossil fuel free bonds that positively contribute to economic and sustainable impact. This approach provides an added layer of investment transparency by detailing the use of bond proceeds and providing a full understanding of the programs being financed.
CIM partners with responsible lenders to finance small businesses in line with the Small Business Borrowers’ Bill of Rights and to effect economic, environmental, and social change. Since fund inception, we have provided financing to 4,200 U.S. small businesses which represent $4 billion in total revenue. These businesses have created 6,000 new jobs from loan proceeds with 45,000 jobs maintained and 131,000 lives affected. CIM also tracks impact metrics that are derivative of the core impact objective: to increase access to capital for underserved demographics and support impact businesses. Across the portfolio, CIM funds 2-3x more women-, minority-, and veteran-owned businesses than banks and financial institutions with an aggregate figure of 50% of the loan portfolio lent to WMV-owned businesses. CIM has additionally built an Impact Assessment system to identify and report on impact businesses across 8 areas of impact with 79 unique tags. These impact businesses expressly seek to create a positive social, environmental, or economic change in their community. 21% of the CIM portfolio (>800 loans) are lent to impact businesses in 8 categories: community health and safety, education and youth development, social justice, environmental sustainability, financial inclusion, healthy food systems, and clean energy and efficiency.
DWS (prior named Deutsche Asset Management) is a global asset manager with a 20 year + history in ESG and impact investments. We believe that responsible investing can improve capital allocation decisions and enhance financial market stability. Our Sustainable Investments business mobilizes public and private capital with the objective of generating a return on investment and positive social and environmental outcomes for society. We work with all business divisions to advance ESG integration in line with client interests, business-specific goals, and tools to enhance risk-adjusted returns. We strive to improve corporate governance across our holdings.
The Access Capital Community Investment Strategy offers economically targeted investing with a community development purpose; investments are high credit quality and geographically specific, pursuing double bottom line results. Their goal is to leverage other clients’ assets through vital community investments without sacrificing benchmarked total returns.Clients designate the geographic locations they wish to target with their investments. The strategy is national in scope with economically targeted investments in 48 states, the District of Columbia and one territory as selected by our clients as of 3/31/14.
What do we mean by sustainability? We define sustainability as positive longevity, and sustainable development as meeting the needs of the present without compromising the ability of future generations to meet their own needs. In order to tackle the challenge of sustainable development, both developed and developing countries will have to shift from a resource-intensive, consumption-driven, debt-dependent model of development and growth towards a more sustainable one. This means using natural and financial resources wisely and in a way that promotes long-term economic, social and personal wellbeing. How do we apply this idea to investment? We take a bottom-up, company-focused approach to sustainable investment. We look for good quality companies (management, franchise and financials) that are well positioned to meet the challenge of sustainable development and contribute towards achieving it in the countries in which they operate, be they developed or developing. We have a strong conviction that such companies face fewer risks and are better placed to deliver positive long term returns to shareholders. The investment objective of our sustainability funds is to generate attractive long-term, risk-adjusted returns for our clients by investing in companies involved in sustainable goods and services, responsible finance and required infrastructure. We are not passive investors. We recognise there is no such thing as a perfect company and believe positive engagement plays an important part in improving shareholder value and protecting the value of our client portfolios over the long-term. We engage actively with company management on a wide range of issues including alignment of interests, governance, reputation, strategy and other environmental, social and governance (ESG) issues. What do we not mean by sustainable investment? We do not screen in clean tech or green-themed companies, nor do we screen out particular sectors and companies on moral or ethical grounds. Although we do not do any formal negative screening, we are unlikely to invest in companies operating in high risk sectors such as gambling and tobacco because their long-term sustainability positioning is poor.
Our mission is to provide responsible stewardship of client assets to achieve client goals, including security, growth and impact. We serve our clients through customized separate account management as well as a suite of mutual funds with comprehensive environmental, social and governance criteria.