Boston Trust Walden has a decades-long history encouraging the companies in which we invest to strengthen environmental, social, and governance (ESG) policies and practices. Our active ownership initiatives span a range of issues and tactics with an aim to enhance the long-term prosperity of investors, business, the economy, and society. Specifically, a focus on business sustainability helps limit risk and protect shareowner value. With respect to active ownership, our long-term investment horizon helps foster constructive and productive relationships with many portfolio companies.
Active ownership strategies include company dialogues, shareholder resolutions, proxy voting, and public policy advocacy. Boston Trust Walden utilizes all these approaches to address a broad array of ESG policies and practices, such as greenhouse gas mitigation, adaptation to the physical impacts of climate change (e.g. water scarcity), international labor standards throughout global supply chains, executive compensation policies, board diversity composition and recruitment, political spending and lobbying transparency, and workplace policies and practices. We also support clients who wish to directly participate in shareholder initiatives. To strengthen our ability to achieve positive outcomes, we often collaborate with other investors, informed professionals, affected constituencies, and nongovernmental organizations (NGOs). Our goal is to leverage share ownership to support and strengthen ESG performance, accountability, and impact through dialogue with companies and, if necessary, through the shareholder resolution process.
We recognize the United Nations Sustainable Development Goals (SDGs) as an important development in global efforts to end poverty, reduce inequality, protect the natural environment, and pursue peace and stability. We further believe the realization of the goals will be good for our clients, their investments, and the global economy. Company engagement and strategic public policy advocacy are central to our approach to advancing the SDGs. Many of the companies in which we invest client assets have vast global supply chains. We believe encouraging a multi-national corporation to adopt a more sustainable policy or practice can have a positive ripple effect on communities and ecosystems around the world. Hence, we also monitor, assess, and report on our active ownership initiates through an SDG lens.
We believe it is important to track the extent to which our active ownership has contributed to demonstrable ESG progress. In the subsequent sections, we include examples of our engagement initiatives and outcomes.