ESG Review 2025

Fairlight's FY2025 ESG Annual Review sets out how responsible investing is embedded across every stage of our process - from initial industry screening through stock research, valuation, and portfolio management. As a signatory to the UN Principles for Responsible Investment, we believe how a company manages ESG issues is a strong indicator of overall risk, governance quality, and long-term success.

This year's review highlights the results: the Fairlight portfolio carries low exposure to ESG risk factors and a strong management rating, well ahead of our benchmark, and a carbon intensity 91% lower on Scope 1 and 2 emissions. We also detail our active ownership record, including nine formal engagement meetings during CY2025 focused on governance and capital management, and our full 2025 proxy voting activity across more than 490 resolutions.

The report draws on both our proprietary 15-factor ESG scoring framework and independent data from Sustainalytics, giving a transparent, benchmarked view of how the Fund compares on environmental, social, and governance measures.

Read the full FY2025 ESG Annual Review for the complete data and analysis.

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