Eastspring Investments: Responsible Investment Report 2022
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United Nations Global Compact (“UNGC”) violators
Fail – Violating one or more of the ten UNGC principles Watch List – Close to violating one or more of the ten UNGC principles Pass – Not violating the ten UNGC principles We have identified 14 companies, many of whom are from the mining sector, for engagement to change their conduct and
comply with international agreements brought together in the UNGC. Thus far, we have reviewed 21% of the companies. We will continue our review before commencing engagement with the same group in 2023.
The UNGC is a non-binding United Nations pact to encourage businesses to adopt sustainable and socially responsible policies, and to report on their implementation. The ten principles of the UNGC are derived from international agreements on four topics: human rights, labour, environment, and anti-corruption. Using third-party vendor data, we classify companies into three categories.
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