Pareto Asset Management conducts regular meetings with the management, board members, shareholders etc. of portfolio companies, this dialogue is the most common instrument we use in our work as an active owner. As an active owner we address environmental, social and governance factors in our engagement with our portfolio companies. This kind of engagement activity is usually limited to our holdings in the Norwegian market, in which we hold substantial ownership interests. In addition, though, we do raise a number of ESG issues with investor relations contacts at global companies - or higher ranked executives if possible.
As a central player in the Norwegian market, we often have senior management from our portfolio companies at our internal investment staff meetings. The primary purpose of the meeting is presenting the company, but these meetings provide an excellent opportunity for engagement and dialogue in the event any issues are present or on the rise.