Collabrative engagement and voting
In order to maximise influence and achieve economies of scale, large charities may conduct their engagement strategies in collaboration with other investors.
In this section:
Why engage or vote collaboratively?
Forms of collaborative engagement and voting:
Examples of collaborative initiatives
Why engage or vote collaboratively?
In order to achieve maximum influence, economies of scale and to pool resources, expertise and ‘investor power’ your charity may wish to collaborate with others.
This can be particularly useful for investors wishing to engage with companies overseas.
Collaborative engagement is of most relevance to large charities with sufficient resources.
Forms of collaborative engagement and voting:
- combining shareholder power
- pooling resources to research issues.
- sharing objectives – which may involve choosing a single issue or set of issues that affects a specific group of companies and engaging with the Companies and/or drafting shareholder resolutions to place before an AGM
Examples of collaborative initiatives
Collaborative engagement is undertaken on behalf of groups of investors by organisations such as the Ecumenical Council for Corporate Responsibility (ECCR) in the UK and the Interfaith Center on Corporate Responsibility (ICCR)) in the US.
Fund managers can also engage collaboratively, through initiatives such as
The Carbon Disclosure Project
The Institutional Investor’s Group on Climate Change
The International Corporate Governance Network
