This report shows public data only. Is this your organisation? If so, login here to view your full report.

ACTIAM

PRI reporting framework 2017

Export Public Responses
Pdf-img

You are in Direct - Listed Equity Active Ownership » Engagement » Process » Process for engagements run internally

Process for engagements run internally

LEA 03. Process for identifying and prioritising engagement activities

New selection options have been added to this indicator. Please review your prefilled responses carefully.

03.1. Indicate whether your organisation has a formal process for identifying and prioritising engagement activities carried out by internal staff.

03.2. Describe the criteria used to identify and prioritise engagement activities carried out by internal staff.

other description

          Based on our focus themes climate, water and land; based on lack of transparency (e.g. carbon disclosure, CDP climate/water/forest disclosure)
        

03.3. Additional information. [Optional]

Internal staff engagements and lead collaborative engagements are equally important, however priority of these two are given over less substantial/more passive collaborative engagements.

Engagement in reaction to ESG impacts which have already taken place are responsive engagements. These are formally addressed through ACTIAM's Selection Committee, as they could lead to exclusion in case of unsuccessful engagement.

Proactive engagements relating to our focus themes climate, water and land are prioritised over other engagements. This can apply to both environmental as well as social issues within these focus themes. The focus themes were selected based on systemic risks for the planet and our portfolios. In determining the active ownership strategy for these focus themes, our exposures (holdings) were taken into account. When selecting target companies, geography/market are taken into account. Materiality of ESG factors (increasingly) plays a role not only in selecting engagement issues but also engagement objectives.


LEA 04. Objectives for engagement activities

New selection options have been added to this indicator. Please review your prefilled responses carefully.

04.1. Indicate if you define specific objectives for your engagement activities.

04.2. Indicate if you monitor the actions that companies take following your engagements.

04.3. Indicate whether your organisation defines milestones and goals for engagement activities carried out by internal staff.

04.4. Indicate if you do any of the following to monitor and evaluate the progress of your engagement activities carried out by internal staff.

04.5. Additional information. [Optional]

ACTIAM formalised 5 milestones that an engaged entity can achieve:

0. Engagement not yet commenced.

1. First correspondence sent and acknowledgement of receipt given by entity.

2. Objectives of engagement discussed in more detail with the entity.

3. Entity responds with relevant information and / or commits to raising the issue internally.

4. Entity develops and publishes (externally or to ACTIAM) a credible strategy and / or formulates clear targets to address the issues.

5. Entity demonstrates that the strategy is being implemented and / or that the targets are achieved.

Progress of engagements is monitored according to this set of milestones and updated on a quarterly basis. This information is brought into the quarterly meeting of the ACTIAM Selection Committee and reported to clients as well as externally on ACTIAM's website (aggregated in case of the latter). If circumstances require so, objectives can be revised, however a company not willing to achieve the objectives is not a valid reason for revision. In such cases, in combination with the entity continuing to violate the Fundamental Investment Principles, ACTIAM can consider exclusion of the entity.


Top