Positive change through engagement and voting

How can firms be persuaded to minimize their carbon footprint and set clear sustainability targets and report on them? Or make remuneration more linked with sustainability goals and treat their employees in accordance with international standards? Engagement is a key element in our sustainability efforts. 

We measure the outcomes and results of our engagement with milestones, in a four-stage process. In 2022 we achieved 73 engagement milestones across 106 engagements for change.

Voting

Voting at shareholder meetings of investee companies is an important tool in our stewardship and active ownership as well. Shareholder resolutions can put pressure on companies, for example to improve or define net zero targets.

We typically vote against management when we have concerns about board nominees due to their age, tenure, diversity or if we have concerns  about the executive remuneration. Our criteria can be found in our full voting policy.

Environmental: CEZ, Omega Healthcare, Prologis, Atrium Ljungburg

Social: Coats, Alphabet, Vinci DGFR

Governance: Fagron