Annapolis has long believed that the consideration of Environment, Social and Governance (ESG) factors and other risk factors is an important aspect of our business. As a result, it plays an important role in our investment due diligence process and in the monitoring of our portfolio investments. We believe that the consideration, evaluation and management of ESG risks allows Annapolis to make better investment decisions and to reduce portfolio risk.
We continuously strive to improve our investment practices and in early 2018, Annapolis instituted a Responsible Investment Policy which formally integrates ESG considerations into our investment process for new and existing investments. Working with a more formal policy is a meaningful step that will ensure ESG matters remain at the forefront of our thinking and business practices.