NILGOSC is keen to improve its engagement with companies and, where practical, a letter is sent to UK and other European listed companies when NILGOSC has decided not to vote in accordance with management recommendations at the AGM. The overall objective of the engagements is to improve the flow of information between companies and their shareholders, with each letter outlining the reasons for the decision to vote against management recommendation with the objective of encouraging the company to conform to best practice/NILGOSC's expectations in that area.
NILGOSC believes that collaborative engagement is a key part of any responsible investment strategy and will seek to work collectively with other institutional shareholders in order to maximise the influence on individual companies. NILGOSC participates in collaborative initiatives with other like-minded signatories, which seek to improve company behaviour, policies or systemic conditions. Each collaborative engagement will have its own objectives and the decision on whether to participate considers compatibility with NILGOSC's responsible investment policies and beliefs.