- Stewardship and responsible investment report 2023
- Climate (TCFD) report 2022
- Climate transition journey
- Cyber security engagement phase 3
- Net zero stewardship programme
- Net zero stewardship programme update H1 2023
- Our approach to reporting outcomes
- PRI assessment report 2023
- Understanding best practice in UK water
Engagement and advocacy
Building meaningful relationships is core to our stewardship responsibilities and our commitment to being a responsible investor means that we regularly engage with companies held within our funds.
These activities give us an opportunity to positively influence behaviours and practices, and reduce the negative ESG impacts of the companies in which we invest.
Whilst we undertake proactive and reactive engagement activities, in order to prioritise key areas for focus we undertake a review of key engagement themes every two years. Since 2022, the below six themes have been our key engagement focus areas.
The climate is changing and companies have to prepare now for energy transition and the physical impacts of extreme weather. Financial markets and ‘business as usual’ will be disrupted by fire, floods and famine, as well as the policy and infrastructure changes that will be introduced to mitigate these events.
Social and financial inclusion
Companies must ask what they are doing to promote greater economic equality and to protect the vulnerable. Companies succeed when everyone has an opportunity to participate and be a productive member of society.
We expect companies to enable and support healthy employees, customers, and communities. We encourage greater transparency and positive social outcomes.
Innovation, technology and society
We take cyber resilience very seriously. Artificial intelligence, personal data privacy, censorship and the ever-increasing growth of technology are issues that we expect companies to scrutinise and plan around.
Governance and corporate culture
We expect companies to have strong boards, appropriate pay structures, and robust audit and accounting procedures. We will actively engage and vote on executive pay and pensions.
Understanding our financed impacts, dependencies, risks and opportunities relating biodiversity and engaging to improve corporate stewardship of nature by encouraging companies to enhance their understanding, management and disclosures relating to nature issues.