ACTIAM exercises the voting rights attached to our clients' holdings to reflect their interests, and aims to vote at all shareholder meetings of the companies in our clients' portfolios. Accordingly, ACTIAM has developed a responsible voting policy, which is based on internationally recognised best practice guidelines in the areas of corporate governance and responsible investment.
ACTIAM adopted the International Corporate Governance Network's (ICGN) corporate governance principles as the overarching guideline on governance best practice. These principles are internationally recognised as the best practice standard in corporate governance circles. The ICGN principles reflect and endorse the OECD Principles of Corporate Governance, as well as additional guidance developed by the ICGN. ACTIAM will also follow, where appropriate, market-specific best practices as presented in country codes and other recognised best practice guidelines.
Furthermore, consistent with ACTIAM strategy and views, our Fundamental Investment Principles are applied to proposals dealing with ethical, environmental and social issues, thus encouraging corporate best practices in these areas. The Fundamental Investment Principles are based on international treaties, conventions and best practices.
In 2016, ACTIAM voted at 98,5% of the AGMs and EGMs.