Public HTML RI reports - PRI reporting framework 2020

Type of engagement	Reason for interaction
Individual / Internal staff engagements	To influence corporate practice (or identify the need to influence it) on ESG issues To encourage improved/increased ESG disclosure To gain an understanding of ESG strategy and/or management We do not engage via internal staff
Collaborative engagements	To influence corporate practice (or identify the need to influence it) on ESG issues To encourage improved/increased ESG disclosure To gain an understanding of ESG strategy and/or management We do not engage via collaborative engagements
Service provider engagements	To influence corporate practice (or identify the need to influence it) on ESG issues To encourage improved/increased ESG disclosure To gain an understanding of ESG strategy and/or management We do not engage via service providers

02.4. Additional information. [Optional]

We favor individual / internal staff engagements with issuers vs service provider engagements as it enables us to better personalize the subjects of engagement and have a direct feedback from issuers.

At this stage we do not engage via collaborative engagement but we could eventually resort to such a method in the future to be more impactful towards some issuers.

LEA 03. Process for identifying and prioritising engagement activities

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

03.1. Indicate whether your organisation has a formal process for identifying and prioritising engagements.

Yes

Indicate the criteria used to identify and prioritise engagements for each type of engagement.

Type of engagement

Criteria used to identify/prioritise engagements

Individual / Internal staff engagements

Geography/market of the companies

Materiality of the ESG factors

Exposure (size of holdings)

Responses to ESG impacts that have already occurred

Responses to divestment pressure

Consultation with clients/beneficiaries

Consultation with other stakeholders (e.g. NGOs, trade unions, etc.)

Follow-up from a voting decision

Client request

Breaches of international norms

Other; (specify)

We do not outline engagement criteria for our individual engagements

03.3. Additional information. [Optional]

Our comprehensive engagement policy is available on our website.

LEA 04. Objectives for engagement activities

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

Indicate whether you define specific objectives for your organisation’s engagement activities.

Individual / Internal staff engagements

All engagement activities

Majority of engagement activities

Minority of engagement activities

We do not define specific objectives for engagement activities carried out by internal staff

04.2. Additional information. [Optional]

The engagement activites are carried out by individual / internal staff according to the RI strategy of the company (including its engagement policy) and for specific objectives.

LEA 05. Process for identifying and prioritising collaborative engagement

Indicate whether you monitor and/or review engagement outcomes.

Individual / Internal staff engagements

Yes, in all cases

Yes, in a majority of cases

Yes, in a minority of cases

We do not monitor, or review engagement outcomes when the engagement is carried out by our internal staff.

Indicate whether you do any of the following to monitor and/or review the progress of engagement activities.

Individual / Internal staff engagements

Define timelines/milestones for your objectives

Track and/or monitor progress against defined objectives and/or KPIs

Track and/or monitor the progress of action taken when original objectives are not met

Revisit and, if necessary, revise objectives on a continuous basis

Other; specify

05.3. Additional information. [Optional]

We materialise our engagement actions in our engagement report, available on our website.

LEA 06. Role in engagement process

06.1. Indicate whether your organisation has an escalation strategy when engagements are unsuccessful.

Yes

06.2. Indicate the escalation strategies used at your organisation following unsuccessful engagements.

Collaborating with other investors

Issuing a public statement

Filing/submitting a shareholder resolution

Voting against the re-election of the relevant directors

Voting against the board of directors or the annual financial report

Submitting nominations for election to the board

Seeking legal remedy / litigation

Reducing exposure (size of holdings)

Divestment

Other; specify

06.3. Additional information. [Optional]

LEA 07. Share insights from engagements with internal/external managers

07.1. Indicate whether insights gained from your organisation`s engagements are shared with investment decision-makers.

Type of engagement	Insights shared
Individual / Internal staff engagements	Yes, systematically Yes, occasionally No

07.2. Indicate the practices used to ensure that information and insights gained through engagements are shared with investment decision-makers.

Involving investment decision-makers when developing an engagement programme

Holding investment team meetings and/or presentations

Using IT platforms/systems that enable data sharing

Internal process that requires portfolio managers to re-balance holdings based on interaction and outcome levels

Other; specify

None

07.3. Indicate whether insights gained from your organisation’s engagements are shared with your clients/beneficiaries.

Type of engagement	Insights shared
Individual/Internal staff engagements	Yes, systematically Yes, occasionally No

07.4. Additional information. [Optional]

Trecento AM publishes an engagement report that includes information and insights gathered during engagements with issuers.

LEA 08. Tracking number of engagements

08.1. Indicate whether you track the number of your engagement activities.

Type of engagement	Tracking engagements
Individual/Internal staff engagements	Yes, we track the number of our engagements in full Yes, we partially track the number of our engagements We do not track

08.2. Additional information. [Optional]

Trecento AM has implemented an internal database that allows internal staff to track the number of engagement activities and gather information/insights collected during these engagements.

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