In terms of tracking individual engagements, five teams track the number of engagements in full, one team partly tracks the number of engagement, one indicated that they don’t track engagements but could provide a reasonable estimate and one did not track engagements.
In many cases engagement occurs as part of the ongoing relationship with companies that can take years to develop. For the most part ESG meetings are not held separately to meetings discussing the financial performance of the company and so for some teams narrowing engagements to ESG related interactions is not possible.
Each team has its own process for monitoring engagements with all teams either doing one or more of the following:
- Maintaining a company meeting database
- Incorporating engagement outcomes in stock notes
- Discussing engagements in regular team meetings (teams meet between two and five times a week)