An important part of investing responsibly is engaging with the companies we invest in so that they understand who we are and what is in our members’ best interests.
As part of this engagement, we communicate with companies to achieve improvements in corporate governance or address under-performance in areas like environmental or social outcomes.
Engagement also includes communication with government regulators to improve the standards that apply to all companies – for instance in taxation law, and the law affecting directors’ duties and financial reporting.
Our engagement program works on several levels. We:
- engage directly with companies and fund managers
- participate in collaborative initiatives with other institutional investors, and
- work in conjunction with a specialist corporate engagement firm ACSI - Australian Council of Superannuation Investors. ACSI engages with major listed companies on ESG issues; provides research, policy and voting advice and interacts with the regulators to ensure markets are focused on the long-term benefits of investors. Refer to ACSI's website for more information; and Hermes Eos for international engagement.