This report shows public data only. Is this your organisation? If so, login here to view your full report.

CIBC Asset Management Inc.

PRI reporting framework 2020

Export Public Responses
Pdf-img

You are in Direct - Listed Equity Active Ownership » Overview

Overview

LEA 01. Description of approach to engagement

New selection options have been added to this indicator. Please review your prefilled responses carefully.

01.1. Indicate whether your organisation has an active ownership policy (includes engagement and/or voting).

01.2. Attach or provide a URL to your active ownership policy.

01.3. Indicate what your active engagement policy covers:

General approach to Active Ownership

Voting

01.4. Do you outsource any of your active ownership activities to service providers?

01.5. Where active ownership activities are conducted by service providers, indicate whether your active ownership policy covers any of the following:

01.6. Additional information [optional]

Outsourcing of active ownership activities is restricted solely to proxy voting

Our engagements are in the normal course of business and tend to be more preventive in nature. However, there are cases where our engagement is reactive to address issues that have occurred (approximately 20% of engagements).

The engagement is carried out by a team that is created ad hoc, and typically includes the lead analyst, fixed income if they are an issuer in fixed income, and at least one portfolio manager that owns the stock in their portfolio. Depending on the severity of the ESG risk, the team ranges from 1 – 8 people. 

We seek to engage with board representatives, including the Chair of the Board, CEO and CFO. Our goal is to influence change and the approach  differs depending on our relationships with the board or company.

Our organization typically engages on gender diversity on the Board, and senior management.

We currently track the engagements we participate in. We discuss relevant engagements with clients and will discuss any ESG issues they would like to engage on. 

 


Top