La Française AM, together with IPLF (Inflection Point by La Française), has developed a custom Voting Policy. This Voting Policy incorporates the ISS Sustainability Policy and special instructions for (i) CDP (ex Carbon Disclosure Project) non-disclosure, (ii) lack of Board diversity and (iii) lack of shareholdings by the Chief Executive.
La Française AM’s objective is to vote all resolutions at AGMs and EGMs. The fund manager can review and amend all voting instructions before submission. The vote execution is conducted by Institutional Shareholder Services (ISS).
LFAM and IPLF receive pre-set alerts on specific topics, in particular shareholder resolutions and ESG-specific resolutions, especially if they are not covered by the Voting Policy. IPMF can then provide information to the fund manager and offer voting recommendations on these topics.