Just published! Amundi Engagement Report 2017

Thursday 28 June 2018

For the fifth consecutive year, Amundi has published the results of its Engagement policy.

Reflecting the continuous dialogue between Amundi and companies, the Engagement Report is structured around three main pillars:

  • engagement for influence, 
  • ongoing engagement, 
  • and engagement through voting.

Amundi's Engagement policy aims to support companies in taking into account environmental, social and governance (ESG) issues on specific themes, which are often subject to controversy or subject to strong legislative momentum.

In 2017, the Engagement for influence was articulated around a new theme, minimum living wage, and two other themes, child labour in the tobacco and cocoa industry and access to nutrition and the fight against food waste, initiated respectively in 2016 and 2014. Each theme is the subject of an annual review to assess the progress of companies over time. Depending on developments, the theme studied may either be closed or renewed for an additional year.

The report also details Amundi's normative and sectoral exclusion policy, and presents the shareholder initiatives and coalitions of shareholders that we support.

Another pillar of our policy is shareholder engagement, which groups the pre-AGM (Annual General Meeting) dialogue and the exercise of voting rights at the general meetings of the companies in which the funds are invested.

In 2016, Amundi participated in more than 2,600 Assemblies, of which 76% voted with at least one opposition vote, and engaged with 240 issuers, resulting in substantial improvements in corporate practices in nearly fifty cases.

Discover the 2017 Engagement Report

Discover our ESG, SRI and impact investing