Climate change is said to be the biggest threat to sustainable development. Sustainable Development Goal 13 address the challenges, and promotes urgent action to combat climate and minimize disruptions. One company in portfolio of Triodos Sustainable Pioneer Fund, Kingspan, is already achieving significant outcomes.
Maximizing our influence on the companies we invest in
With the money entrusted to Triodos SRI funds comes the responsibility - and the power - to influence the way the companies in which we may invest do business. So, as a key element of our SRI strategy, we pursue a policy of active engagement and dialogue, with the aim of raising awareness of sustainability, stimulating action and creating lasting change.
Engagement during selection process
We start engaging with companies during our selection process. We ask them for information needed to complete our analysis - and treat any refusal to provide it as a lack of transparency, which may result in exclusion from our list of eligible companies.
We share the results of our assessments with the companies in question. This includes providing a full overview of their performance and improvement areas on key sustainability issues. In addition, companies are informed whether or not they are eligible for investment by Triodos Bank. Many seek further dialogue based on our assessments.
Monitoring our sustainable investment universe
We actively monitor companies that have been selected for our investment universe. In case of a (potential) breach of our minimum standards, we investigate in depth and often enter into dialogue with the company. This may result in companies being removed from our investment universe.
To enable us to maintain our strict sustainability investment standards, we aim to stay on top of changes in best practice and regulation, by engaging with companies, non-governmental organisations and governments.
|Engagement||Dec. 2016||Total for 2016|
|Number of company contacts for engagement||18||142|
|Number of shareholder meetings where questions were asked||0||2|
Read our latest engagement reports:
Voting for change
We take our responsibility as a shareholder seriously, strongly believing that by exercising our voting rights, we can exert a positive influence on a company's long term strategy. So we vote by proxy at shareholder meetings of all companies that we invest in. We also attend shareholder meetings to question the company’s Board on its sustainability performance. We have strict proxy voting guidelines .
|Voting behaviour||Dec. 2016||Total for 2016|
|Number of meetings at which the fund voted||2||109|
|Total number of agenda items on which the fund voted:||19||1342|
|- Number of votes in favour of management proposal||8||788 (59%)|
|- Number of votes against management proposal||11||449 (33%)|
|- Number of votes abstained||0||105 (8%)|
We inform companies how we voted, and also publish this information. Please click here to find out how we voted at shareholder meetings.
To further increase our ability to influence company behaviour, we collaborate with other shareholders. In 2009, we therefore signed the Principles for Responsible Investment from the United Nations, a global initiative that enables us to work together with 500 like-minded investors around the world.
Find out more
For more detailed information about our policy of engagement and dialogue, please download our Investment strategy . For more information about engagement results, please download our latest engagement report.