In addition to our direct engagement program, we also subscribe to Regnan's collective engagement service to complement our own active ownership practices. Regnan is wholly-owned by Pendal.
Pendal values Regnan’s collaborative engagement program, representing a group of institutional investors, as it provides an enhanced focus on ESG issues. We consider this to be an important complement to our own practice.
The founders of Regnan (of which Pendal was one, prior to assuming full ownership) collectively fostered the establishment of Regnan as a specialist engagement service to:
- Benefit from specialised skills both in ESG aspects and in the practice of engagement for change.
- Provide access to and influence with relevant decision makers in corporations and elsewhere.
- Maximise the impact of the resources each client contributes.
- Be efficient in the achievement of shared objectives - which also benefits investee companies given they face increasing requests from shareholders for dialogue. Via Regnan, companies can reach through a single interface a large proportion of shareholders who prioritise ESG issues.