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Active ownership
Introduction
ESG integration
Climate change
Partnership with Prudential
Community and people
A final word
CDP Non-Disclosure Campaign findings The companies engaged in the 2022 Non-Disclosure Campaign were 2.3 times more likely to disclose than those not engaged in the campaign. This is a powerful outcome, which highlights the importance of direct engagement from financial institutions. Participants had a high impact on companies targeted in the transportation services, manufacturing, and apparel sectors. 90% of companies that submitted in the 2021 Non- Disclosure Campaign responded again in 2022. Source: CDP
Climate Action 100+
Eastspring has been a member of Climate Action 100+ since 2020 and is a participant of its collaborative engagement programmes for target companies. Net Zero Asset Owner Alliance (“NZAOA”) Engagement Track, alongside Prudential. Eastspring has been involved in the NZAOA Engagement Track since 2022. United Nations-supported Principles of Responsible Investment (“PRI”) Eastspring has been a member PRI since 2018 and is a participant of the PRI Sustainable Commodities Programme. Investor Statement: 2022 Global Investor Statement to Governments on the Climate Crisis Eastspring signed the investor statement to reinforce our support, having signed the 2021 Global Investor Statement to Governments on the Climate Crisis.
Collaborative engagement initiatives provide a useful platform for maximising engagement effectiveness, as they signal to companies the material ESG issues that investors deem as relevant to a company’s business. It also allows investors to exchange ideas on best practices and harness collective insights to gain a holistic understanding of the company. This translates to company engagements that are more efficient whilst providing greater value-add to all parties. Joanne Khew Director, ESG Specialist, Eastspring Singapore
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