December 18, 2015
As 2015 comes to an end, we finish the year on a very positive note. We are delighted that GES was voted Best Engagement Service Provider in the recent IRRI Survey and thank everyone who took the time to vote for our team. The survey was completed by 1,287 analysts, portfolio managers and companies from 681 firms globally and they voted for 836 different firms and 538 individual analysts. The award as Best Engagement Service Provider is a great testament to our hard-working Engagement team and research analysts, that persistently engages with hundreds of companies on some of the most challenging ESG issues.
Also congratulations to GES’ partner, oekom research who came in seventh place as Best Firm for SRI Research, and GES client PGGM who came in seventh place as the Asset Manager that contributes the most to the wider SRI debate.
The survey also revealed a number of interesting results about service providers: Investee companies are asking that SRI research providers communicate more with them and attempt to understand sector specific issues and challenges better. Investors want service providers to focus more on materiality of the issues, and data consistency. To further improve our service, we will take this feedback into account in our service delivery and research processes
2015 has seen our Engagement team travel all over the world (Russia, Peru, South Korea, Brazil, Burma, and South Africa to mention a few), meeting with engagement companies, visiting sites, and speaking with a range of stakeholders. We have held over 160 meetings and conference calls with companies, had over 80 on-site meetings in emerging markets, and resolved a number of cases with positive outcomes.
One of the key topics for 2015 has been Climate Change and the recent COP 21. With a COP 21 agreement on the table and encouraging signs for the future, GES remains hopeful that the next couple of years will see more investors take action to decarbonise their portfolios and engage with carbon-intensive companies. Read our recent article on COP 21 here.
GES also launched its Carbon Risk Engagement service earlier this year, focusing engagement on utility companies. We have had very positive responses from a number of the companies, and will continue to engage with them as they move towards decarbonising their business lines.
As we expand our client base in the UK and across Europe, we are also delighted to announce our new Engagement client, Royal Mail Pension Plan, in the UK, and look forward to supporting it as it embraces stewardship further.
We wish you all a Happy Holiday and look forward to seeing you again in 2016.