Q4 2022 spotlight on

COP27: WHAT DO WE WANT AND WHAT MIGHT WE GET?

We explain what we would like to see from the participants at this year’s climate-change event in Egypt.

									We voted at
156
Annual General Meetings
+
134
Extraordinary General Meetings
on behalf of our clients

								

									We engaged with
44
issuers
for the purpose of raising ESG concerns or seeking further information

								

									Examples of engagement with companies included matters such as:
												product access
climate change
waste management
human capital management
food and nutrition
supply-chain management
raw materials sourcing and use
compensation
data security
board effectiveness
diversity
strategy

											

								

Voting profile: Q4 2022

During the quarter, we exercised our clients’ voting rights at a total of 290 shareholder meetings.

Across all regions, votes were instructed against management recommendations on 312 separate resolutions, which equated to 42% of the 290 meetings.

¹ In favour of management on all resolutions.
² Against management on one or more resolutions. Including abstentions and withhold votes where there was no option to vote against.
³ Took no action owing to share blocking.

took no action³

164

in favour of management¹

abstained

123

against management²

Key issues of concern

ESG quality reviews

We consider material and relevant ESG risks, issues and opportunities of all companies our global sector analysts are considering recommending for investment.

Companies’ progress in managing climate risks

Companies’ progress on human capital management

Insufficient independence on board or key committees

US executive compensation arrangements not being aligned sufficiently with performance

Share issuances leading to excessive dilution for existing shareholders

US company auditors serving for multiple decades

Article amendments which would limit or reduce shareholder rights

Examples of ESG engagement

Newton firmly believes that responsibly managed companies are best placed to achieve sustainable competitive advantage and provide strong long-term investment opportunities. For this reason, we engage companies on a variety of environmental, social and governance matters.

Click on each pin for examples of our global engagement.