The Asia-based asset manager revealed it carried out a total of 744 engagements last year.
Only a quarter of firms would consult with their limited partners to align with their sustainability priorities。
Only two out of the 13 in the region provide specific climate voting commitments.
Asset managers should follow less conventional routes to see how companies are really addressing ESG concerns.
Domestic fund managers in China that tend to avoid voting against management are beginning to ‘move the needle’.
The new climate goal and its proprietary climate ratings aim to help the firm reach net zero by 2050.
Effecting behavioural change in companies relies on investors using their underlying investments as leverage, according to Jupiter Asset Management (Jupiter AM).
Investors should aim to build rapport with management teams in China as a key way to effect positive ESG change and reap the rewards, says Aberdeen Standard Investments (ASI).