In relation to companies in which we invest, AMP Capital seeks to be a leader in corporate governance initiatives. Recognising that we can influence company policy on matters of corporate governance by virtue of the shareholdings under our management, we lodge considered proxy votes on all resolutions and engage with companies on specific matters.
Issues discussed typically include board composition & independence, remuneration, corporate accountability structures, compliance, negligence, bribery & corruption, conflicts of interest, related-party transactions, shareholder rights, accounting, and audit quality, as well as a wide range of broader ESG topics.
This is done in the interests of driving better long-term outcomes for our clients.
Transparency: To assist our clients in achieving the returns on their investments that they expect, we seek high standards of transparency, corporate governance and social responsibility from the companies in which we invest. This involves monitoring and entering into dialogue with companies on key aspects of their corporate governance and their relationship with society as a whole. Please refer to our asset stewardship statement to find out more.
Proxy voting: Recognising that we can influence company policy on matters of corporate governance by virtue of the shareholdings under our management, we lodge considered proxy votes on all resolutions and engage with companies on issues such as executive remuneration, board composition and risk management. Please refer to our proxy voting policy to find out more.
Detailed analysis: For us flashing lights appear when companies lack transparency, when boards are not representative of their public shareholders, or when pay structures reward management for actions contrary to shareholder interests. Diligent analysis of these issues can help identify which companies to invest in and which to avoid. View our regular Corporate Governance reports to find out more. https://www.ampcapital.com/au/en/capabilities/responsible-investment/governance-active-ownership#reportsgovernance
After each proxy season AMP Capital publishes a comprehensive corporate governance report. This report discloses our voting statistics, names companies where resolutions were voted against and presents various topical articles and research on governance.