All Stewardship articles – Page 14
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Engagement guide
Timing fixed income engagement
Successful bondholder engagement with issuers is largely dependent on whether the deal is public or private, and whether the investor engages pre- or post-issuance.
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Engagement guide
Embedding engagement in the fixed income investment process
Engagement by fixed income investors should not be seen as a standalone activity but as an integral part of a responsible investment approach . as both a source of information for investment research, and a way to directly influence the issuer’s management of ESG risks and opportunities. Thus, the research ...
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Engagement guide
Factors determining the effectiveness of engagement in fixed income
Fixed income investors’ ability to influence issuers’ senior management depends on a number of factors, many of which will appear obvious but are nonetheless important to bear in mind when developing an engagement strategy.
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Engagement guide
Overcoming common hurdles in fixed income engagement
Despite the motivations for engagement laid out earlier in this report, there remains significant inertia among fixed income investors to engage.
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Engagement guide
Collaborative engagement in fixed income investing
Principle 5 of the six Principles encourages collaboration by investors to enhance the effectiveness of their responsible investment approach.
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News and press
The PRI examines how ESG engagement can benefit fixed income investors
As part of the PRI’s commitment to provide further guidance on responsible investment practices in specific asset classes, it has today launched ESG Engagement for Fixed Income Investors: Managing Risks, Enhancing Returns, which shows that bondholders are increasingly engaging on environmental, social and governance (ESG) factors in order to better ...
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Engagement guide
Defining objectives and measuring the effectiveness of engagement in fixed income
Once the list of target companies has been defined, investors need to set objectives and track the outcomes of their engagement practices to ensure their effectiveness.
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Engagement guide
Tips for effective bondholder engagement
In this section, we present a summary of practical tips for effective bondholder engagement.
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Engagement guideEngagement trends among fixed income investors
This section considers ESG engagement trends among fixed income investors before giving guidance on the practical aspects of bondholder engagement.
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Engagement guide
Prioritising fixed income engagement activities
Investors with exposure to hundreds or thousands of different issuers may only be able to meaningfully and proactively engage a small proportion of those issuers.
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Engagement guideESG engagement for fixed income investors
Principle 2 of the six Principles encourages investors to be active stewards of their investments and incorporate ESG factors into their ownership policies and practices across different asset classes.
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Engagement guideWhy engage as a fixed income investor?
Investors typically engage with companies and other types of issuers to identify, monitor and manage risks to their investment returns. In signing up to the PRI, investors affirm that ESG factors can have a material impact on those returns.
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Engagement guide
Why engage on fracking?
With existing fracking operations globally and a potential surge in regions such as China, fracking remains important to investors that hold global oil and gas companies with market exposure.
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Engagement guide
Recommendations for future engagement on water risks
PRI research has shown that companies are improving their disclosure of managing water risks in agricultural supply chains, but there is still room for improvement, as summarised by the following recommendations.
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Case studyInvestor collaboration to engage on water risks in agricultural supply chains
Case study by Kristel Verhoef, ACTIAM; Nadira Narine, Interfaith Center on Corporate Responsibility; Peter van der Werf, Robeco; and Mary Beth Gallagher, Tri-State Coalition for Responsible Investment
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Case studyLong-term engagement on water risk management in the supply chain
Case study by Constantina Bichta, Boston Common Asset Management
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Case studyReducing portfolio water risk by assessing issue management
Case study by Emma Lupton, BMO Global Asset Management
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Case studyIntegrating water stewardship – General Mills
Case study by Louise Dudley, Hermes Investment Management
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News and press
The PRI, WWF publish new report on water risks in the supply chain
The document outlines why and how investors engage with companies on agricultural supply chain water risk.
