We implement active ownership through portfolio managers' meetings with company management. We usually meet with company executives and investor relations officers and address relevant ESG issues, arising from our in-house ESG analysis of the company in question. Our aim is to influence and promote responsible business practices through active dialogue. Issues that we raise depend on the company's operations, sector it operates in and other factors such as company's lack of disclosure, lack of targets or insufficient communication or control in ESG matters. We specifically target the companies that have received a poor ESG score in our in-house analysis, in order to encourage improved disclosure and to gain better understanding of company's actions.
We participate in collaborative engagements on a case by case basis, depending on our resources and investment exposure to the issues in question . During the first half of 2016 we were involved in collaborative engagement on Labour Standards in the Agricultural Suppy Chain, coordinated by PRI.