Following the integration of the GES UK Governance Team, headed by Josiane Fanguinovény, earlier this year, GES now launches additional engagement services: Stewardship and Risk Engagement and Extended Business Conduct Engagement.
In response to client demand GES will now be offering two new services.
Stewardship and Risk Engagement caters for the needs of investors whose ESG perspective is driven primarily by the consideration of “risk and opportunity”, rather than compliance with “normative standards” of business conduct. It incorporates engagement activities initiated from our long-standing research and assessment of material risks identified from monitoring the business conduct of over 18,000 companies globally, as well as GES’ governance, thematic and geographic engagement activities. This includes climate and water related risk.
Extended Business Conduct Engagement caters for the needs of investors whose ESG perspective is driven primarily by concerns about business conduct exceptions based on internationally accepted norms and conventions. It extends GES long-standing engagement activities initiated from exceptions to accepted business conduct based on the UN Global Compact principles to include additional OECD guidelines. The extended service will cover the OECD’s guidelines on science and technology, consumer, competition and taxes.
Magnus Furugård, President and Managing Director of GES, said: “Both of these new services address the investor needs of current information relating to corporate change, provide a standardised process for addressing concerns, as well as draw fully on the knowledge and experience of GES’ staff of 45 professionals fully dedicated to engagement and corporate change.”