Guided by a mission to invest responsibly to enable economic prosperity and social progress, our asset stewardship program is focused on using our voice and our vote to make a measurable difference around the world. Central to this work is our conviction in the importance of ESG, built on the following principles:
Our stewardship program utilizes a risk-based approach to identify material ESG thematic topics deemed to have the most material impacts on the long-term value of our portfolio companies.
The Board’s Oversight or Racial and Ethnic Diversity, Equity, and Inclusion Report
The increased risks and opportunities associated with racial and ethnic diversity, equity, and inclusion (DE&I) necessitate a sharper focus on this topic from boards. As part of State Street Corp’s “10 Actions Against Racism and Inequality,” State Street Global Advisors partnered with Russell Reynolds Associates and The Ford Foundation to glean best practices for advancing racial and ethnic DE&I. Discussions with board directors identified the risks and opportunities motivating their increased attention to this topic. We hope that directors will internalize the insights from this paper, generating more value for investors, employees, and other stakeholders.
CEO’s Letter on our 2021 Proxy Voting Agenda
A Call to Lead on Racial & Ethnic Diversity
More on Environmental Social and Governance