For individual engagements the answer to this question depends on the goal of the engagement. We make a distinction between engagement and dialogue. An engagement process is started when a company's breaches our minimal ESG guidelines. We define goals and timelines for the company. If they do not comply with these goals within the time line set (and there are no signs of further improvement) we will exclude the company.
Regularly, however, we have a what we call dialogue with companies. With a dialogue we aim to stimulate a company to further improve its SRI policies even though these policies are already well-developed. In this case we usually do not define strict objectives nor set a timeline. We do, however, come back on the topic in a later conversation with the company to see whether our questions and/or doubts have been addressed.