As part of our Responsible Investing Policy, we adopted a common IMCO proxy voting approach for all clients in 2019, based on the ISS Sustainability Proxy Voting Guidelines, which seek to support sustainable business practices, including environmental stewardship, fair labour practices and the protection of human rights. We also actively monitor our holdings and may vote differently than the recommendations provided by ISS. Having a common IMCO approach to proxy voting enables us to better align proxy voting with investment strategy. In addition, a common voting approach is efficient and cost-effective.
Our Proxy Voting Guidelines outline IMCO’s approach to proxy voting for public equity holdings and provide guidance on the process when needed, for voting on specific matters on a case-by-case basis.
We disclose our proxy votes ahead of a publicly traded company’s annual general meeting. Our searchable database below provides an account of our voting, including our rationale for when we vote against management proposal and all shareholder proposals.