In January 2017, Wellington Management became a founding signatory of the Investor Stewardship Group’s (ISG’s) Framework for US Stewardship and Governance. The ISG is a collective of some of the largest US-based asset owners and asset managers, along with several of their international counterparts.
In March 2017, we signed the UN PRI Statement on ESG in credit ratings. In this initiative, the PRI is extending the application of its Principles for Responsible Investment, to which we are already a signatory, specifically to credit-rating agencies. By signing this statement, Wellington Management is expressing support for credit-rating agencies to further integrate ESG factors into their ratings and reiterating our commitment to ESG integration across our fixed income platform.
In December 2017, Wellington Management joined over 230 organizations in signing the Statement of Support for the Financial Stability Board’s (FSB’s) Task Force on Climate-related Financial Disclosures (TCFD).