Engagement is governed by our engagement and proxy voting guidelines and global stewardship principles. Each team has its own process for setting objectives and 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)
4.1 - One team set objectives for all engagements, three teams set objectives for the majority of engagements, three teams set the objectives for the minority of cases and one team does not set objectives.
4.2 - Three teams monitor company action in all cases and four do so in the majority of cases.
4.4 - One team defines and sets timelines milestones and goals, two track progress, one revises and revisits goals on a continuous basis, and four incorporates engagement outcomes into stock notes / quality assessments.