We have begun to assess and consider how we identify and prioritize our engagement activities. Historically our engagement has been driven by the investment professionals, based on the key fundamental issues that they want to understand better, and that they believe may pose risks (or opportunities) to impact the financial performance of their client accounts. We have been formally tracking these engagements for three years.
Our goal this year is to identify specific areas of engagement, such as:
- Climate issues, particularly in line with the TCFD
- Absolute or relative risks across the firm's portfolios - perhaps using the SASB framework as the key issues
- Specific ESG issues within the portfolios themselves
- Key fundamental ESG factors impacting specific issuers