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You are in Direct - Listed Equity Active Ownership » Engagement
On one occassion, we engaged with ISS prior to them issuing their report. The ESG issue was a governance issue whereby we questioned one of the board members' qualifications.
We do not have a formal policy regarding unsuccessful engagements. However, after an unsuccessful engagement, the investment team will re-evaluate our ownership in the company. In some cases, we opted to eliminate the position.