What constitutes best practice when it comes to engagement?
Stewardship and engagement at the forefront of investors’ minds as this year’s proxy voting season draws nearer
Stewardship and engagement will be at the forefront of ESG investors’ minds this year, with regulation such as the new UK Stewardship Code having taken effect, and this year’s proxy voting season drawing closer.
And onlookers would say rightly so, as shown by last year’s Boohoo scandal where a number of ethical funds were exposed as having significant allocations to the fast fashion brand, and more recently the holdings in some ‘responsibly invested’ funds of Compass Group, the owner of Chartwells, which came under fire for providing ‘unacceptable’ school meals.