During our interactions with companies around ESG issues, RI analysts meet the management of companies in order to discuss their ESG strategy and practices. Feedbacks are written following these meetings, and can lead to a modification of ESG ratings (decision being taken collectively by the SRI department). ESG ratings are taken into account for managing funds with an ESG screening approach.
Beyond these engagement activities, RI analysts also engage with Green Bond issuers in order to gain insights of their environmental and climate change strategy and verify their environmental commitments. We also engage with issuers on the quality of the green bond structuring. In 2018, we have met 21 green bonds issuers active in the European Fixed Income market.
We have also engaged with private debt issuers (infrastructure, corporate debt and real estate) during our due-diligence process in order to enhance ESG information that support our final investment decision.