Engagement with issuers is key to fostering concrete changes and contribute effectively to address global challenges. When investing on behalf of our clients, we become part-owners of companies and have a duty to influence their strategies towards approaches that take into account ESG issues more effectively. We seek constructive dialogue to help drive change by laggards, and to support those which are already delivering positively in terms of their ESG objectives. This is why Amundi has put in place a strong engagement policy. It is an essential part of our fiduciary duty to our clients, and our role as responsible investor.
This mindset of long-term part-ownership and collaboration with our investee companies means that our stewardship approach is framed by our understanding of four key factors: integrated and pragmatic approach, regular dialogue, transparency, and energy transition and social cohesion as priority areas.