A central tenet of the Quest Asset Partners investment process is the assessment of business quality. We are attracted to companies that can demonstrate an ability to attain and sustain above average returns on capital employed. In our experience, companies that can maintain high returns on capital are rare and can become valuable.
A consideration of Environmental, Social and Governance (“ESG”) factors is an important input into our qualitative assessment of business quality. It can also impact our valuation of a company, reflecting our evaluation of the risks inherent in each business.
Assessing ESG issues is embedded in the Quest qualitative scoring process. Quest also engages in voting and advocates change as detailed in the Quest ESG Policy. Please click here to view the full policy.