We prioritise engagement where we can help make a difference in addressing systemic ESG challenges. We are prepared to escalate our engagement activity or reduce our holdings in companies that continue to present an ongoing ESG risk.
We don’t outsource any engagement services because we see engagement as fundamental to our duty to manage our clients’ investments to their benefit. Rathbones engaged with companies around the world 671 times in 2022, on a wide range of issues.
WHY ENGAGE ON CLIMATE CHANGE?
We believe that engagement on ESG issues with companies in which we invest forms part of our wider responsibility, as a business, to society. One example is our engagement with companies on their plans for net zero.
Climate change threatens to affect a wide range of assets adversely, so mitigating it is in the interests of our clients as well as society as a whole.
Like other financial institutions, Rathbones has a responsibility to understand how climate change and other factors can impact portfolios and the investments we make on behalf of clients.
HOW WE CHOOSE WHAT TO ENGAGE ON
In deciding whether to engage, we consider:
EXPOSURE
SEVERITY
LOCATION
EXPERTISE
