i. Complementary to members' direct engagement

ii. Opt in/opt out

ii. Transparency

iv. Trusted facilitator

i. IMAC

i. CII

iii. PLSA

iv. ACGA

i. Positive abnormal financial returns

ii. Reduced downside risk

iii. Reduced market volatility

i. The process is set in an appropriate context of long-term ownership and has a focus on long-term value preservation and creation, so that the engagement is aligned with the investment thesis

ii. The process is framed by a close understanding of the nature of the company and the drivers of its business model and long-term opportunity to prosper

iii. The process is based on clear objectives, focused on effecting change

iv. The process recognises that change is a process that should be achieved rapidly

i. monitoring

ii. reviewing

iii. engagement

iv. investment approach and decision

i. Engage, directly or indirectly, on private policy to manage risks

ii. Support research on ESG and climate risks

iii. Support sector initiatives to develop resource to understand risks and integrate ESG