Proxy voting is an important part of Panarchy Partner’s stewardship and governance as a long-term stakeholder of a company. We perform our voting based on our fiduciary duty to our clients ensuring that our Panvestments create a sustainable future for all. We ensure that all our votes are in adherence to our Panvest Philosophy and framework on the four forms of capital. We also vote to ensure that good governance is maintained at the board level and ensure that boards remain accountable on a wide variety of measures such as diversity, transparency, alignment of interests, compensation structures, financial, social, human and environmental metrics, policies and disclosures.
We carefully consider and review our voting for each of our Panvestments. In general, we look for:
Board Quality: i) Independence & Diversity, ii) Qualifications and Tenure of each board member, iii) Long-term Compensation Policies and KPIs that include non-financial capital for senior management, and iv) Transparency
Capital Allocation: i) Decision-making that ensures a long-term high-return on capital, and ii) Avoids negative externalities for stakeholders
Environmental Risks: i) Adequate Consideration, Reporting and Disclosures that ensure the sustainable health and growth of the company and safe-guard the health of the planet.
Human Capital: i) Policies that support human capital industry specific metrics such as diversity and inclusion, health and wellbeing and safety and treat human capital as an asset rather than expense.
Social Capital: i) Maintaining and safe-guarding the company’s license to operate and reputation.