Fixed Income Best Practices project: We completed the first round of our FI Best Practices project, working with 5 credit and sovereign analysts and the Global Bond team to assess best practices in ESG integration, engagement, valuation, portfolio construction, and risk management. The work has expanded to include all fixed income analysts and fixed income product teams.
Equity team meetings: The Director of ESG and members of the ESG Committee meet at least quarterly with each equity team to discuss ESG engagement examples and share other ESG activites across the firm.
Proxy voting: We revised our Proxy Voting Policy, including by clarifying the relationship of ESG in our decisionmaking and voting processes and enhanced our proxy voting process to include the ISS Communicator, which allows the equity teams and analysts to more efficiently receive information and document their thinking on proxy votes. This system also allow more effective reporting on our proxy voting decisions.
Company specific engagement: We continue to utilize our ESG engagement database to increase awareness and track ESG engagement with issuers. For each meeting/call with issuers, we request investment professionals to document in the database whether they discussed E, S, or G.