We have historically found co-ordination of large scale initiatives to be quite unwieldy, particularly when different parties are trying to achieve different outcomes. We have to date preferred to work with a handful of investors or asset owners on a case by case basis. For example, we continue to work with a Scandanavian client of ours on Samsung Electronics.
We are open and actively looking for initiatives where there is sufficient coverage of our investment universe and opportunities for meaningful collaboration. While we are reluctant to sign up to a long list of initiatives as a marketing exercise, we do following these initiatives closely and regularly draw on their publications and research tools. The Transition Pathway Initiative and FAIRR Initiative have been particularly welcome developments while SASB industry guidelines continue to inform our bottom up analysis of our portfolio companies. Several pieces of research by the IIGCC are helping us to refine our assumptions to inform scenario analysis.
More widely we have found our work is informed and improved by research published by bodies such as: the ILO, the ICCR, The Fair Labour Association, Know the Chain, Responsible Mining Foundation, Mekong Club, China Labour Watch, Solidaridad Network, Greenpeace and Sedex.