Issue - meetings

To note the contents of the report

(copy for Members only)

DECISION

·        To accept the report and note the information

·        While it was generally accepted that the increase in engagement activities was encouraging, it was disappointing to see so many activities noted as 'ineffective'

Submitted - a quarterly report summarising the work carried out by Robeco (WPP Voting and Engagement Provider) on behalf of the Pension Fund on responsible investment issues. Reference was made to the areas that had received Robeco's attention during the quarter in question, which included information on the number of activities and engagements completed with some large companies of international importance. It was also noted that the engagement theme of the quarter in question was Transition Minerals.

Thanks were expressed for the report

The information was discussed

RESOLVED

·        To accept the report and note the information

·        While it was generally accepted that the increase in engagement activities was encouraging, it was disappointing to see so many activities noted as 'ineffective'