Please note that 9999 was entered into the boxes above as we were unable to enter NA.
We do not consider the number of company engagements to be an appropriate indicator of the quality of engagement. As a result we have no reason to collect those statistics.
USS manages the majority of its assets in house. Given the concentrated and active nature of USS’s public equity portfolio, the proportion of companies we engage with will be higher than for typical pension funds which tend to have very large passive exposures.
With regard to question LEA 11.3, whilst USS will regularly participate or lead on collaborative engagements e.g. with other peer international pension funds, we do not track the exact number or wish to report on it.
Please see our comments in LEA 10.2 (and many other sections in the PRI report) for examples of USS's stewardship activities in public equities and other asset classes.