- This year’s report now features the stewardship activities of our infrastructure and private equity investment teams.
- Monitoring engagement outcomes is crucial in ensuring our approach is effective and achieves the desired results.
- As such, this report contains new and updated examples and case studies throughout to demonstrate how our approach works in practice.
In our third Stewardship Report, we outline our purpose, beliefs and values, and engagement approach. The report includes highlights of our collaborative engagement activities, stewardship outcomes and impacts, and the policies underpinning what we do. It also demonstrates how we contribute to building a global financial system that delivers improved long-term returns for investors, as well as, where possible, better, more sustainable outcomes for society.
Building on last year’s reporting, we now include the stewardship activities of our infrastructure and private equity investment teams. We also provide information on our Climate Action Plan which was published in 2022 as part of our net zero commitment, including our interim targets, and focus on the cost of living crisis, detailing how we have responded to this crisis through our stewardship efforts in recognition of these pressures.
Elsewhere, we present our approach to deforestation after our commitment at COP26 in 2021 to strive to eliminate deforestation from our portfolios through engagement. We also consider our efforts to contribute to global efforts to tackle biodiversity loss through involvement with collaborative initiatives such as the Finance for Biodiversity Foundation and Finance Sector Deforestation Action initiative.
The views and opinions contained herein are those of the author and may not necessarily represent views expressed or reflected in other communications. This does not constitute a solicitation or offer to any person to buy or sell any related securities or financial instruments.