JPMAM's Sustainable Investing Statement outlines our commitment to sustainable investing and outlines our four pillar framework that focuses on ESG integration, data and research, engagement and products and solutions. It also provides our ESG capabilities and specific philosophies by asset class. Jennifer Wu, JPMAM’s Global Head of Sustainable Investing is responsible for leading the efforts across sustainability-focused investment research, solutions-development and investment stewardship with a dedicated team of specialists. She is also responsible for keeping the Sustainable Investing Statement updated and effective through driving the ESG integration process. The Sustainable Investment Leadership Team (SILT) will also be consulted where changes are necessary. Our investment teams have a quarterly review with our Investment Directors who ensure each team is following our firm level statement as well as the investment guideline that was agreed with our clients.
We have continued our journey to ESG integration across all of our strategies. In order to achieve this, funds must "commit, implement and demonstrate" their level of ESG integration. As of December 2019, 78% of strategies are ESG integrated representing USD 1.5tn. All ESG integrated strategies must be approved by the Sustainable Investment Leadership Team.
Our recent statement on Investment Stewardship “promoting sustainability through investment-led Stewardship” outlines our enhanced approach our approach with close collaboration between our portfolio managers, research analysts and investment stewardship specialists to engage with the companies we invest. In the statement we have also identified five main investment stewardship priorities that we believe have universal applicability and will stand the test of time: Governance, Strategy Alignment with the Long Term, Human Capital Management, Stakeholder engagement and Climate risk. Within each priority area, we have identified related themes that we are seeking to address over a shorter timeframe. These themes will evolve over time, as we engage with investee companies to understand issues and promote best practice. This combination of long-term priorities and evolving, shorter-term themes provides us with a structured and targeted framework to guide our investors and investment stewardship teams globally, as we engage with investee companies around the world. Investment-led, expert-driven investment stewardship will not only enable us to recognize significant risks, identify new opportunities and better generate attractive risk-adjusted returns, but it should also help us to build stronger and more sustainable portfolios for our clients . For example, Climate Risk, especially encouraging corporate disclosure to be TCFD aligned, is one of our top five priorities of our Investment Stewardship activities. Our Investment Stewardship specialists will be putting extra effort on this agenda through our corporate engagement and proxy voting.
In addition, JPMAM’s parent company JPMC’s companywide ESG report provides information on how we are addressing the ESG matters that we and our stakeholders view as most important to our business, including the asset management entities. The ESG report consolidates and summarizes the most important aspects of our work in these areas. The report accompanies our Annual Report, our Proxy Statement and our annual Corporate Responsibility Report.