Q2 2021 Spotlight on
RESPONSIBLE INVESTMENT AND STEWARDSHIP
This year we have published our first responsible investment and stewardship annual report. It describes our approach to stewardship, and provides examples of how we implement this approach through ESG integration, engagement and voting.
Highlights from Q2 2021
- We voted at
Annual General Meetings
Extraordinary General Meetings
on behalf of our clients
- We engaged with
for the purpose of raising ESG concerns or seeking further information.
Examples of engagement with companies included matters such as:
- supply chains
- climate change
- human capital management
- corporate culture
- energy transition
- board effectiveness
Voting Profile: Q2 2021
During the quarter, we exercised our clients’ voting rights at a total of 308 shareholder meetings.
Across all regions, votes were instructed against management recommendations on 710 separate resolutions, which equated to 53.2% of the 308 meetings.
1 In favor 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
in favor of management1
Key Issues of Concern
ESG quality reviews
We conduct quality reviews analyzing the separate ESG aspects of all companies our global sector analysts are considering recommending for investment. These quality reviews are undertaken by our responsible investment team who award an ESG rating score out of 10. Each quarter key issues of concern are identified and are closely monitored by our responsible investment analysts.
Failure to disclose sustainability efforts undertaken.
Changing of executive remuneration performance targets during the performance period.
Emission-reduction plans not aligned with the Paris Agreement.