Positive Conversations 2023

This article provides an overview of Positive Change’s Positive Conversations.

Positive Conversations, provides a snapshot of the discussions we have:

Click here to read the full PDF.

The Positive Change Team doesn’t shout about its interactions with the companies in which we invest. Rather, we believe it’s about having Positive Conversations.

These are the conversations that have the most likelihood of shaping change and supporting the companies to deliver the shareholder returns and positive impact that we are looking for.

So, we prefer to spend our time building relationships and understanding where the company is coming from and how it is executing its vision.

That way, when we do have to prompt or challenge a company, they are more likely to be receptive and engage with us to effect change.

Positive Conversations gives you a flavour of the topics we engaged in over 2023. It explains the environmental, social and governance (ESG) framework we employ to get the best out of those discussions.

In our 2023 report, we update you on the portfolio’s progress to net zero alignment, provide case studies of our engagements and tell you who we engaged with, and why and how we did so.

Portfolio Footprint: Scope 1, 2 and 3*

Click on the individual bullet points to be taken to the relevant report sections:

• How we think about business practices
• Environment
• Social
• Governance
• Engaging for positive change – company conversations
• Proxy voting

This report accompanies and should be read in conjunction with our Impact Report, which covers the impact of our portfolio companies’ products and services.

Engaging for Positive Change – company conversations

12 months to December 2023. Totals may not sum due to rounding. 

Risk factors

The views expressed should not be considered as advice or a recommendation to buy, sell or hold a particular investment. They reflect opinion and should not be taken as statements of fact nor should any reliance be placed on them when making investment decisions.

This communication was produced and approved in February 2024 and has not been updated subsequently. It represents views held at the time of writing and may not reflect current thinking.

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