Voting is conducted internally with a dedicated staffing resource with a full time Voting and Screening Manager. This role is central to overseeing all voting on all holdings against our agreed voting policies. The policy is reviewed and further developed each year. It is also submitted to Trustee Committees for formal approval. To ensure that Church investors magnify the impact of their voting we seek to align our policy with other UK Church investors.
We use the ISS platform to log our votes. We engage with our proxy provider each year on the voting policy. This is an extensive discussion to ensure that they understand our particular requirements. We have a dedicated provision within the proxy provider to provide bespoke reports against our policy. This ensures that the service provider interprets our policy correctly. The internal staff member then checks votes as a further quality control.
We also answer queries from companies about our voting policies.