Why ESG Isn't Really New

you know some of the ESG corporate social responsibility type themes I see lots of companies now it's very day regor to publish annual sustainability reports and I you know they're very thick they've come with lots of colorful pictures I assume they're very expensive but this concept isn't a new one when it comes to our investing philosophy and company selection.

As a rule, if you've got a company that tends to pollute its sites, treat its stakeholders poorly, run the business with shoddy governance, that's a recipe for a losing investment.

You know, we've been doing this style of thing long before it had an acronym.

And it's kind of blended into all the facets of our investing process.