In September 2019, Burgundy became a signatory of the United Nations-supported Principles for Responsible Investment (UN PRI). The UN PRI is a network of international investors working to incorporate environmental, social and governance (ESG) factors into investment and ownership decisions.

Burgundy’s Investment Team employs a quality-value investment approach to preserve and grow our clients' capital over the long term. Quality-value investing is based on investing in great companies when we can buy them for less than they are worth and holding them for the long term. ESG risks can impact a business’ ability to stay great and poor practices jeopardize long-term profitability. Therefore, as long-term owners of businesses, evaluating ESG factors go hand in hand with preserving capital. Our disciplined and bottom-up approach allows ESG factors to be evaluated at the onset of the investment process.

The UN PRI aligns well with Burgundy’s approach to ESG integration. Becoming a signatory allows us to formalize our thinking on the ESG issues that have a material impact on our holding companies. As a signatory of the UN PRI, we commit to the following six principles:

  • To incorporate ESG issues into investment analysis and decision-making processes
  • To be an active owner and incorporate ESG issues into our ownership policies and practices
  • To seek appropriate disclosures on ESG issues by entities in which we invest
  • To promote acceptance and implementation of the Principles within the investment industry
  • To work with the PRI Secretariat and other signatories to enhance their effectiveness in implementing the Principles
  • To report on our activities and progress towards implementing the Principles