Groupama AM believes that engagement means a regular and open dialog with companies, in which investors ask companies to improve their ESG performance. Groupama AM engagement process is structured and systematic.
- Dialog with companies : Financial/ESG analysts are meeting with many companies during the year, top management, investors relations. Meetings are prepared by the analysts and the fund manager (if the company is currently held in portfolios). It enables us to determine which are the main ESG subjects we need to discuss with the management. Companies are informed during the meeting if they are on a list of exclusion because they face recurrent and material controversies. All meetings are registred in a file, where each analyst specify wich questions were raised and what were the main subjects of dialog. This file enables us to have a structure process.
- A stringent voting policy since 2001. The voting policy is updated each year. Before voting in AGM, Groupama AM may discuss the resolutions presented with the company.