We have been guided by the UN Principles for Responsible Investment (PRI) since 2008, and submitted our third PRI report in 2015. Engagement reflects our expectation that investee companies manage relationships with shareholders and other stakeholders effectively by taking these constituents into consideration, being transparent and integrating environmental, social, and governance aspects into strategic planning and operations.
Deutsche AWM sees good corporate governance as a source of better company performance and share price in the longer term. We therefore actively promote good corporate governance through an ongoing dialog with companies on key issues that affect corporate performance and control. With this dialog and the appropriate exercise of our proxy voting policy, we intend to monitor management performance and corporate strategy. We publish our proxy voting policy and all votes cast on our website.
Requesting disclosure on ESG issues by the entities in which we invest has been a key part of our engagement over recent years. To this end, Deutsche AWM is asking companies to improve their transparency. We have also participated in initiatives such as the International Integrated Reporting Council. Furthermore, we became a signatory to the UN Global Compact’s Sustainable Stock Exchange Initiative, calling on stock exchanges to put in place voluntary guidance for issuers on reporting ESG information by the end of 2016.