Describe how you identify emerging ESG issues.
Regnan maintains a significant team of experienced research analysts who conduct continuous research on companies, existing issues, and emerging issues.
Describe some of the main ESG issues you have identified in this process.
Regnan pioneered the understanding of ESG risks in the unconventional oil and gas sector. Thanks to Regnan’s in house expertise on energy and mining sector issues, combined with a proactive gathering of further intelligence through the engagement program, we were able to identify heightened risks relating to unresolved technical, regulatory, environmental and stakeholder issues that have been amplified by the sector’s rapid growth.
Specifically, Regnan further developed its understanding of ESG risks within unconventional oil and gas (UOG) through:
> Research – Building on prior research and engagement, Regnan invested in the development of a position paper on the topic, to frame a more constructive discussion with affected companies and to outline ESG risk management approaches.
> In depth company engagement – Regnan consistently and repeatedly met with affected S&P/ASX200 stocks on ESG risks relating for nearly five years, discussing first hand company experience, especially relating to stakeholder issues.
> Collaboration – Regnan leveraged its existing relationships with investor networks (Australian Council of Superannuation Investors, Investor Group on Climate Change, Principles for Responsible Investment, and Responsible Investment Association of Australasia) to improve our collective impact by sharing knowledge.