Engagement capabilities presented reflect the work of EVC's affiliate, Calvert.
Calvert believes respectful and constructive direct dialogue with senior management, built on a foundation of trust and an understanding of shared goals, is a core part of active ownership. Calvert engages directly with companies both on its own, and as part of investor or broader stakeholder coalitions.
When Calvert's research team uncovers an opportunity to potentially enhance shareholder value and improve company performance by taking advantage of an opportunity or mitigating a risk, they engage directly with management through periodic phone calls, letters and meetings to raise concerns and identify opportunities, operating on Calvert’s commitment to encourage concrete progress across sectors of the economy.
As dialogue takes place, Calvert evaluates success based upon the concrete actions a company takes. In some cases, this involves the release of requested information or disclosure. As engagement develops, positive outcomes may include a company establishing or strengthening a policy, adding members to the board, developing risk management approaches or committing to specific performance improvements. Other positive outcomes include developing constructive relationships with companies they hold, raising awareness among investors broadly and contributing to industry best practices. When an engagement is completed, they typically maintain dialogue to track progress.