Institution Theme Category Industry
  • Invesco
  • Environmental
  • Climate
  • Industrial
Company Year Market Link
Not disclosed - Industrial company 2019 N/A https://www.invesco.com/corporate/dam/jcr:5e1d4647-3c11-4142-8094-a7ef4a6fca8d/Investment-Stewardship-Annual-Report-2019.pdf

As long-term shareholders, we believe it is part of our duty to address this company’s recent progress on an annual basis. This American Industrial company made significant updates to their disclosures over the past year so in the third quarter of 2019, we met to discuss their presentation on ESG.
New disclosures this year included information that needed more clarity such as: board changes, commitments to diversity, links between corporate vision, strategy and long-term financial objectives to compensation practices, and a new charter for ESG and Corporate Social Responsibility (CSR) initiatives.
From 2015 through 2018, we have seen the company introduce a steady reduction in energy, carbon, water and waste and indicated that we would like to see it continue. In this line, we wanted to know their plans for maintaining and expanding on this in the future. The company shared a framework to ensure this going forward, including a focus on energy efficiency and evaluating how to utilize Sustainability Accounting Standards Board (SASB) indicators.

Details

  • Proponent
  • Engagement
  • Resolution
  • Progress on sustainability governance
  • Vote
  • N/A
  • Rationale
  • N/A
  • Details
  • N/A