Sustainable Investment Report - Q2 2015
In this quarter's Sustainable Investment Report we demonstrate active ownership, investigate the impact of "financial inclusion" on companies and consider how ‘green’ green bonds really are.
20 July 2015
As active owners, we believe voting is a catalyst for positive change at companies that can also help create value for shareholders and society.
Throughout the second-quarter of 2015 we voted on approximately 91% of all our holdings – a total of 3,325 company meetings covering a range of corporate governance issues.
Shareholder resolutions this quarter have increasingly focused on environmental issues – we’ve seen more climate change related resolutions than ever before.
Notably, the resolution submitted to BP, Shell and Statoil was a real success with more than 98% support from shareholders and backed by management.
You can find more information by downloading our Responsible Investment Q2 2015 infographic.
On a global basis there are about 2.5 billion people (about half of the working age population) who are currently excluded from the formal financial system; financial inclusion seeks to redress some of that balance.
Financial inclusion is about “providing access to an adequate range of safe, convenient and affordable financial services to disadvantaged and other vulnerable groups”.
We take a look at the risks and opportunities financial inclusion presents to companies.
Green bonds primer
Green bonds have seen exponential growth in 2014, with €22.7 billion issued according to the banking group ING, more than double the level of 2013.
Standard & Poor’s estimates that corporate bond issuance could reach $30 billion in 2015.
As the market grows, so does the need for “green standards”. The development of “Green Bond Principles” should give confidence to investors as to the integrity of a green bond and the use of its proceeds.
View the full Q2 2015 Responsible Investment infographic.
Download the full Q2 Responsible Investment Report below.
Important Information: The views and opinions contained herein are those of the author(s) on this page, and may not necessarily represent views expressed or reflected in other Schroders communications, strategies or funds. This material is intended to be for information purposes only and is not intended as promotional material in any respect. The material is not intended as an offer or solicitation for the purchase or sale of any financial instrument. It is not intended to provide and should not be relied on for accounting, legal or tax advice, or investment recommendations. Reliance should not be placed on the views and information in this document when taking individual investment and/or strategic decisions. Past performance is not a reliable indicator of future results. The value of an investment can go down as well as up and is not guaranteed. All investments involve risks including the risk of possible loss of principal. Information herein is believed to be reliable but Schroders does not warrant its completeness or accuracy. Some information quoted was obtained from external sources we consider to be reliable. No responsibility can be accepted for errors of fact obtained from third parties, and this data may change with market conditions. This does not exclude any duty or liability that Schroders has to its customers under any regulatory system. Regions/ sectors shown for illustrative purposes only and should not be viewed as a recommendation to buy/sell. The opinions in this material include some forecasted views. We believe we are basing our expectations and beliefs on reasonable assumptions within the bounds of what we currently know. However, there is no guarantee than any forecasts or opinions will be realised. These views and opinions may change. To the extent that you are in North America, this content is issued by Schroder Investment Management North America Inc., an indirect wholly owned subsidiary of Schroders plc and SEC registered adviser providing asset management products and services to clients in the US and Canada. For all other users, this content is issued by Schroder Investment Management Limited, 31 Gresham Street, London, EC2V 7QA. Registered No. 1893220 England. Authorised and regulated by the Financial Conduct Authority.