We align the interests of the firm with our clients and strive to deliver alpha in every aspect of our business, from generating consistent investment performance, to promoting sustainable business practices, to delivering successful long-
term outcomes.
Here you can learn more about our company, our team and careers at ClearBridge.
ClearBridge Investments has been recognized by Pensions & Investments Magazine as a "Best Place to Work in Money Management" in all nine years of the survey.
These awards reflect the Firm's spirit of collaboration, work/life balance and ongoing investment in our employees.
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Welcome Letter - Terrence Murphy, CEO
The principle that a company’s performance on material ESG issues can affect value creation underpins our approach to ESG integration. Page 4 |
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Firm Overview
We believe actively managed, high-conviction portfolios that emphasize differentiated, bottom-up stock selection provide clients the best opportunities to earn superior investment results over the long term. Page 6 |
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Annual Update - Mary Jane McQuillen, Head of ESG, Portfolio Manager
Mary Jane McQuillen leads ClearBridge’s pioneering ESG integration efforts and has been with ClearBridge’s ESG program since 1996. She has been central to ClearBridge achieving milestones such as establishing a central research platform that integrates ESG factors by sector in fundamental analysis and co-publishing the first “ESG” report with the UNEP FI’s Asset Management Working Group in 2004. Page 18 |
The principle that a company’s performance on material ESG issues can affect value creation is behind ClearBridge’s approach to ESG integration. Page 24
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Why Analyze ESG Factors?
There is abundant academic evidence that strong ESG performance can result in lower costs of capital and better operational performance for companies. Page 25 |
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ESG Performance is Linked to Value Creation
What strong and weak ESG performance can indicate. Page 26 |
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Sustainability’s Evolving Profile
As economies and markets evolve, supply and demand dynamics shift, and technology redefines what is possible — creating new needs even as it meets existing ones — so the investment process must evolve to meet an ever-changing world. Case Studies: |
ClearBridge pursues a partnership approach to active ownership, seeking to act as responsible stewards of our clients’ capital, with the knowledge that shareowners are part business owners that can provide valuable input leading to the ultimate success of a company. Page 46
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Engage for Impact
As long-term investors, our company engagements can take place over a multiyear period. Therefore, throughout the course of the engagement, we track and categorize company progress by stages, outlined in the Engage for Impact Progress Framework. Page 49 Case Studies: Ecolab, Haleon |
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Engagement Highlights
Environmental Themes Page 59 Social Themes Page 67 Governance Themes Page 73 |
In voting proxies, we seek a judicious approach and are guided by general fiduciary principles. Our goal is to act prudently and solely in the best interest of the beneficial owners of the accounts we manage. Page 78
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ClearBridge Proxy Voting 2024 Overview
In 2024 there were over 650 shareholder proposals at companies in which ClearBridge is a shareowner, covering a wide range of ESG issues. The most common governance proposals concerned electing shareholder nominees to the board of directors; the growth of this issue was notable as it did not feature prominently at all in 2023. Climate change and political activity continued to dominate environmental- and social-related shareholder proposals. Page 78 Proxy Voting Highlights: As a top shareholder of many companies, we use our voting power and ongoing engagements to suggest improvements for companies we own and provide feedback to express our opinion of proposals we deem inadequate. Page 82 |
For ClearBridge, the U.N.’s 17 Sustainable Development Goals (SDGs) represent a useful way to understand and communicate global sustainability goals. Page 90
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Addressing SDGs through Sustainability Themes
SDGs Key for Productivity and Growth - Benedict Buckley, ClearBridge Sustainability Leaders Strategy |
