Responsible Investments Report 2024

Responsible Investment approach

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Corporate Governance Committee The Corporate Governance Committee is a key body responsible for overseeing and approving NAM's corpo- rate governance principles and voting decisions. It includes board members from the Nordea Fund company, provid- ing high-level oversight and independent decision-making. The committee is chaired by one of the external board members to ensure impartiality. In sum, its key responsi- bilities include: • Annually reviewing and approving the Corporate Governance Principles, which guide NAM's voting activities • Making decisions on voting matters that are escalated to the committee, particularly in cases of potential conflicts of interest • Ensuring that voting decisions are made in the best interests of clients Proxy Voting Committee The Proxy Voting Committee (PVC) is responsible for driv- ing voting decisions and managing conflicts of interest related to voting activities for client mandates. In sum, its key responsibilities include: • Implementing the Corporate Governance Principles for client mandates • Making voting decisions • Managing potential conflicts of interest in proxy voting for client portfolios

Chair External Board Member

External Board Member

External Board Member

Corporate Governance Committee

Head of Investment Stewardship

CEO of the fund company

Chair Head of Investment Stewardship

Head of Equities & Fixed Income

Head of NAM Compliance

Proxy Voting Committee

Head of Multi Assets

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