The NGO ShareAction published the latest edition of the “Voting Matters 2023” report, assessing how 69 of the world’s largest asset managers, controlling equal to roughly 60% of the world’s economy wealth, voted on 257 shareholder resolutions to address current environmental and social issues.
The overall picture drawn by the report may show a decline in the support of asset managers for environmental and social resolutions. However, Amundi has made clear progress in its voting performance illustrating its commitment to supporting companies in their efforts to a fair and just transition.
Key takeaways of Amundi’s voting performance
Since 2021, Amundi has systematically integrated ESG criteria in its voting activity, as is outlined in Amundi’s Voting Policy. As part of our ESG Ambitions 2025 plan, Amundi has committed to extend its climate engagement to 1,000 additonal companies, asking them to define credible strategies for reducing their greenhouse gas emissions, to define credible strategies for reducing their GHG emissions, to vote at their Annual General Meetings, and for management remuneration packages to be linked to these strategies.