We’re pleased to publish our first report summarising the Australian Equities teams’ stewardship-related activity undertaken in 2022. This includes ESG-related engagement with investee companies, how we exercised our voting rights, and highlights from our advocacy and collaborative efforts.
After enhancing the way we structure and track engagements related to ESG issues, 2022 was the first full year of implementation. These changes enabled improved collection of data around the number of meetings, seniority of attendees, and granularity on the topics discussed.
Collectively in 2022, the Australian Equities teams held 137 ESG-related engagements with 65 companies. Transition risks relating to climate change dominated engagement during the year, with a total of 88 engagements on this topic. The next most common topic was human capital management, with 39 engagements. The report not only provides key statistics but offers some insights into how we engage at both a company level and through topic-specific programs through case study examples.
We also lay out some key statistics around this year’s voting activity, and highlight some actions taken with respect to advocacy and our participation in collaborative investor initiatives. For example, we support group engagement with four companies as a participant in Climate Action 100+.
Read the Paradice Annual Stewardship Summary here
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