This report shows public data only. Is this your organisation? If so, login here to view your full report.

Vontobel Holding AG

PRI reporting framework 2019

You are in Direct - Listed Equity Active Ownership » Engagement

Engagement

LEA 02. Reasoning for interaction on ESG issues

Indicate the method of engagement, giving reasons for the interaction.

Type of engagement

Reason for interaction

Individual / Internal staff engagements
Collaborative engagements
Service provider engagements

02.2. Indicate whether your organisation plays a role in the engagement process that your service provider conducts.

02.3. Indicate the role(s) you play in engagements that your service provider conducts on your behalf.

02.4. Additional information. [Optional]

Our service provider Hermes EOS offers quarterly service review meetings and opportunities to feed into the engagement selection process as well as ad-hoc engagement progress discussions and direct participation in engagements where appropriate at client request.


LEA 03. Process for identifying and prioritising engagement activities

New selection options have been added to this indicator. Please review your prefilled responses carefully.

03.1. Indicate whether your organisation has a formal process for identifying and prioritising engagements.

Indicate the criteria used to identify and prioritise engagements for each type of engagement.
Type of engagement
Criteria used to identify/prioritise engagements
Individual / Internal engagements

Internal / Individual engagements

Service Provider engagements

Service Provider engagements

specify

          Our service provider Hermes EOS further considers the additionality of their engagement, the feasibility of engagement and their potential impact (voting rights).
        

03.3. Additional information. [Optional]

In the Sustainable & Thematic Boutique, analysts are in contact with investments, as well as potential investments, in order to learn about their environmental, social and governance performance.

Building on this dialogue, we develop initial engagements where we encourage companies to improve their performance in areas which we consider to be material.

In the mtx product line, this follows a formal process where we first evaluate a company's management of material ESG issues. In a second step, if the analyst identifies material risks stemming from ESG issues, he engages with the company to encourage change on these particular issues.


LEA 04. Objectives for engagement activities

New selection options have been added to this indicator. Please review your prefilled responses carefully.
Indicate whether you define specific objectives for your organisation’s engagement activities.
Individual / Internal engagements
Service provider engagements

04.2. Additional information. [Optional]

As described in LEA 03.3, we identify material ESG risks through our formal ESG assessment process. We are convinced that ESG issues we engage on are material to our financial performance. Therefore, we specify objectives to reduce these risks and monitor the progress of the company in all cases.

Our service provider Hermes EOS conducts engagements using specific milestone-driven objectives for most companies in its engagement programme.


LEA 05. Process for identifying and prioritising collaborative engagement

Indicate if you monitor and/or review engagement outcomes.
Individual / Internal engagements
Service provider engagements
Indicate if you do any of the following to monitor and review the progress of engagement activities.
Individual / Internal staff engagements
Service provider engagements

05.3. Additional information [Optional]

As described in LEA 03.3, we identify material ESG risks through our formal ESG assessment process. We are convinced that ESG issues we engage on are material to our financial performance. Therefore, we specify objectives to reduce these risks and monitor the progress of the company in all cases.

Our service provider Hermes EOS conducts engagements using specific milestone-driven objectives for most companies in its engagement programme. For companies Hermes EOS engages on our behalf we monitor the outcomes and progress in the majority of cases over their client portal.


LEA 06. Role in engagement process

06.1. Indicate whether your organisation has an escalation strategy when engagements are unsuccessful.

06.2. Indicate the escalation strategies used at your organisation following unsuccessful engagements.

          Monitor and review outcomes that have been accomplished by the engagement
        

06.3. Additional information. [Optional]

Our service provider Hermes EOS continually reviews the progress of its engagements and considers whether to intensify efforts and escalate the engagement or discontinue the objectives as the situation demands. We actively monitor and review the activities of our service provider Hermes EOS through quarterly calls and regular reports. Hermes EOS provide a client facing portal which allows us to refer to the full history of engagement with each company and track progress. Furthermore, we give input on certain companies and issues we would like Hermes EOS to engage on.


LEA 07. Share insights from engagements with internal/external managers

07.1. Indicate whether insights gained from your organisation's engagements are shared with investment decision-makers.

Type of engagement

Insights shared

Individual / Internal staff engagements

Service provider engagements

07.2. Indicate the practices used to ensure information and insights collected through engagements are shared with investment decision-makers.

07.3. Indicate whether insights gained from your organisation’s engagements are shared with your clients/beneficiaries.

Type of engagement

Insights shared

Individual/Internal staff engagements

Service provider engagements

07.4. Additional information. [Optional]

During regular investment meetings, insights gained from our internal engagements are shared with our portfolio managers as input for consideration in investment decisions. The results from our service provider engagement are discussed in these meetings, too, if the information is material to the investment case.

We actively monitor and review the activities of our service provider Hermes EOS through quarterly calls and regular reports. Hermes EOS provide a client facing portal which allows us to refer to the full history of engagement with each company and track progress.

 


LEA 08. Tracking number of engagements

08.1. Indicate if you track the number of your engagement activities.

Type of engagement
Tracking engagements

Individual / Internal staff engagements

Service provider engagements

08.2. Additional information. [OPTIONAL]

Hermes EOS' regular reporting provides full disclosure on the number of engagements conducted on our behalf. In the Sustainable & Thematic Boutique, information about individual/internal staff engagements as well as engagements undertaken through our service provider are tracked within an engagement database.


Top