We continue our commitment to positive change through responsible investing, with the announcement of the latest edition of our Commitment Report, which outlines the steady progress made in responsible stewardship in 2024.
Responsible management is at the heart of our investment philosophy.
It translates into both proactive engagement with companies and a consistent and transparent exercise of our voting rights.
This consistent approach has been praised by external stakeholders, who have ranked us as a global leader in stewardship in the Voting Matters reports published annually by ShareAction.
This recognition underscores our commitment to maintaining high standards and reinforces our leadership role in sustainable investment practices.
In 2024, we stepped up our efforts across geographies and on key macroeconomic themes. As far as climate is concerned, our objective is to first engage in dialogue with high-impact sectors, and then gradually extend our commitment to all sectors, because no economic model is immune to climate issues. In 2025, we will continue to engage with issuers on how they manage specific sustainability risks and their impact on sustainability factors. We see this as essential to foster long-term economic capital as part of our pursuit of value creation for our clients' portfolios.
The commitment
The commitment aims to encourage the activities or behaviour of the companies in which we invest, in order to preserve their economic capital, in the search for long-term value creation for our clients' portfolios.
Engagement has been very dynamic on all key themes, including:
- 2,883 unique issuers committed in 2024 (+10% versus 2023)
- The number of issuers engaged increased in all geographies, including the most developed countries in Asia (+40%), emerging markets (+10%) and North America (+28%)
- 45% of the commitments closed in 2024 resulted in a positive result. According to our internal system for tracking the progress of commitments, the outcome is considered positive when the issuer has largely met its key performance indicators (KPIs) or is on track to do so on time.
