Our large and experienced team maintains constructive relationships with the boards and senior management teams of companies. We develop specific engagement strategies for each company, which are informed by our deep understanding of industries and asset classes across multiple geographies. Our dialogue is objectives-driven and continuous, influencing outcomes for the long term. When we engage with investee companies, we have an informed dialogue about ESG disclosure and practices. This ensures the process is meaningful.
Given the focus on preserving and enhancing long-term value on behalf of asset owners, engagement can encompass the full range of issues that affect the long-term value of a business, including strategy, capital structure, operational performance and delivery, risk management, pay and corporate governance. ESG factors are clearly integral to this. Opportunities and challenges offered by ESG developments need to be reflected in the business’s strategic thinking. Equally, a full assessment of operational performance must encompass not only financials but also vital operational areas, highlighting the long-term health of the business such as the relations with the workforce; the creation of a culture that favours long-term value creation; dealing openly and fairly with suppliers and customers; and having proper and effective environmental controls in place.
Where appropriate, we also engage with like-minded shareholders to drive a more successful and coherent engagement with companies.
We collaborate with industry bodies and like-minded organisations to advocate better policies and encourage better ESG-related practice.