Positive change through engagement and voting
Engagement
Engagement and voting are crucial to encourage positive change at the companies we invest in and achieve real world change. In 2023 we undertook:
110
Engagements for change
- tangible objectives
- measured outcomes43
Engagements for awareness
- increase awareness about certain issues178
Collaborative engagements
- we team up with other investors to increase pressure on companies
Milestones
We measure the outcomes and results of our engagement with milestones, in a four-stage process. In 2023 we achieved 90 engagement milestones across 110 engagements for change.
42
Milestones on environmental issues39
Milestones on governance issues9
Milestones on social issues
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.
468
Number of meetings voted327
Number of meetings with at least 1 vote against, withhold or abstain942
Number of votes against management: this amounts to 15% of total votes cast