Our collaborative engagement is carried out across various memberships and platforms, including:
ACSI - ACSI determines its engagement themes and company targets through the member council process, which meets on a regular basis. The ACSI team then lead engagement activities, which are open to members to join on request. We conduct engagement with ASX-listed companies in collaboration with our external ESG provider ACSI. ACSI’s Governance Guidelines which covers engagement and voting can be found at https://acsi.org.au/images/stories/ACSIDocuments/ACSI-Governance-Guidelines-2019.pdf
CGI Glass Lewis - CGI Glass Lewis engage on our behalf for international equities. We selectively join calls where there are ESG issues of concern to our members (e.g. Apple).
RIAA - RIAA explores potential to collaborate on particular issues together with other investors. (e.g. Impact Measurement Project IMP).
PRI - We also connect with collaborative initiatives through the PRI collaboration platform. This facilitates our involvement with activities including co-signing letters/expectation statements and co-filing/supporting international shareholder resolutions.
Climate Action 100+ - We are also a member and highly involved in the engagement of ASX companies and action on climate risk as part of the Climate Action 100+ collaborative engagement initiative.
The nature of the collaborative engagement i.e. letter/meeting/specific request/highlighting issue will determine next steps and any follow up activities.
Insights from the above processes feed into our engagement with our external fund managers in relation to their portfolio composition as well as into the development of the LGS investment restrictions list.