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Industry challenges are the background against
which companies are analyzed to identify those
that are best positioned to generate shareholder
value. This analysis is conducted in three parts,
Screening, Assessment, and Focused Analysis.
The objective of the first part of the SAM Corporate
Sustainability Analysis™ – the Screening
– is the identification of leading companies
with regards to sustainability in all industries
on a global basis. The initial universe of approximately
3000 companies world wide is reduced to approximately
500. These 500 Sustainability Leaders comprise
SAM's basic investment universe, the Qualifier
List. The Qualifier List comprises all standardized
and customized sub-universes, including the Dow
Jones Sustainability Indexes (DJSI) and regional
portfolios such as the Sustainability Leaders
Australia Fund. The questionnaire covering general
criteria can be downloaded here.
The analysis of the sustainability performance
of companies is performed using SAM's Online
Questionnaire. SAM Research has developed 60 industry
specific questionnaires covering economic, environmental
and social criteria. These criteria are developed
based on general as well as industry specific
trends and challenges that are derived from economic,
environmental and social current as well as future
developments. In addition to the analysis of the
questionnaire, a Media & Stakeholder Analysis
is performed to verify the companies' involvement
and behavior in critical situations.
The second part – the Assessment –
is conducted on all members of the Qualifier List
and designed to spot weaknesses with regard to
critical industry-specific Sustainability issues
and with regard to financial stability. The assessment
procedure identifies companies that are burdened
with a short-term risk of not being able to deliver
on their shareholder value promise. The resulting
"Investment List" forms the eligible
universe for active mandates.
The third part – the Focused Analysis –
is designed to identify the industry and technology
leaders within each industry. Each company's strategic
position and strategic goals are analysed with
regards to the industry's opportunities and challenges.
The company's competences to maintain its strategic
position or achieve its strategic goals are evaluated.
The resulting "Focus List" comprises
approximately 100 companies that are most likely
to turn sustainability into shareholder value.
It forms the eligible universe for focused mandates.
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