ACTIAM places high value on exerting influence through active ownership. The goal is to achieve behavioural change in the investee companies and/or governments. In addition, we believe risks are reduced if ESG issued are addressed and managed well, which positively influences investors' performance on the long term. ACTIAM prefers engagement over exclusion. In most cases, exclusion will not lead to behavioural change / change in the real world. Through engagement and voting, we can achieve such change.
As described under LEA 01.4, ACTIAM conducts engagements both in a proactive as well as in a responsive (reactive) manner. The engagements are carried out by ACTIAM's in-house ESG team, and since late 2016, we have also hired an external provider to increase our engagement base. When relevant and possible, we try to involve portfolio managers as well.
Our proactive engagements focus on our three key themes: climate, water and land. ACTIAM's objective is to contribute to the UN SDGs and to achieve a liveable world in the long term. We believe climate, water and land issues are key and material for our investments, as global population growth and greater prosperity are putting our planet under increasing pressure. The aim is to avoid risks to our investments while at the same time actively helping to build the future as we see it, that is, a world worth living in where people are able to meet their basic needs.