In the 2019 we have defined the objectives and priority areas of shareholder commitment. We focused both on individual and collaborative engagement.
1/Individual engagement :
- Annual General Assemblies season
Before voting in AGM we discuss the resolutions with companies and informe them about our voting policy's principles . Analyst and find managers participate together in these meetings. The changes on voting policy are presented every year to the analysts and funds managers. In 2020 the voting policy will be sent to companies in which we are a significant shareholder inviting them to the dialogue.
Analysts are meeting with top management of many companies and discuss ESG topics with them. More specifically we focus the companies with ESG risks (controversies, operational risks or activity..). So, we start the dialogue with them : we explain to them our methodological approach, calling for improvements on identified ESG topics.
2/ Collaborative engagement
Groupama AM participate in initiatives that meet our commitment objectives (more details below). Some of those initiatiatives leads to the individual enagement with targeted companies. Analysts then particpate to group conference calls with these companies.