- Just published! Amundi 2019 Engagement Report
Just published! Amundi 2019 Engagement Report
Tuesday 21 July 2020
Amundi released its 2019 Engagement Report, outlining its continuous dialogue with companies and its willingness to push Responsible Investment issues forward in society. Amundi's engagement policy is part of the expanded scope of the ESG criteria inclusion policy, with the desire to assist companies in making progress.
This annual report gathers all of Amundi’s engagement activities and is structured around the four areas of Engagement Amundi conducts:
- Ongoing engagement
- Thematic engagement
- Collaborative engagement
- Engagement through Pre-AGM Dialogue and Voting
In 2019, Amundi covered a variety of engagement thematics. The ESG team engaged with 289 companies across the globe and had over 441 company interactions in total (engagement and pre-meeting dialogue). The goal is to support companies in improving their sustainable development policy through ongoing discussions with management teams and to improve our analysis of the ESG risks and opportunities companies face.
Among the priority engagement topics, Amundi considers it to be their responsibility to be particularly vigilant regarding the behavior of companies with regard to the two major contemporary challenges that are, on the one hand, the energy transition and the protection of ecosystems, and, on the other, the question of social and societal cohesion.
Regarding Thematic Engagement, in 2019 a new theme emerged: the use of plastic in three different sectors. Two other themes, living wage for direct employees and bank practices on green bonds issuance initiated in 2017 and 2018, respectively, are closely analysed too in the report.
The Report also develops key highlights from our 2019 Collaborative Engagement, with a focus on our active support to the Platform Living Wage Financials (PLWF), the Access to Medicine (ATM) Foundation, the FAIRR Initiative and the French Eurosif FIR.
EU agreement: a powerful answer that can lift further EU assets and ESG investing
The agreement reached among EU leaders at the end of the longest European Council in history regarding a comprehensive package worth €1,824bn – including the Multiannual Financial Framework (MFF) and the Next Generation EU (NGEU) instrument – is a significant achievement and a net positive in the short term for EU assets.
Amundi and The Economist release an ESG Asian study
The Sustainable and actionable: A study of asset-owner priorities for ESG investing in Asia report, supported by Amundi, is based on 15 in-depth interviews with top management at asset-owner firms (pension funds, sovereign wealth funds, insurance funds, development banks, etc) and finance professionals at academic or advisory organisations.
Sustainable and actionable: An ESG study of climate and social challenge for Asia
Sustainable and actionable: An ESG study of climate and social challenge for Asia is an Economist Intelligence Unit report, commissioned by Amundi. It explores environmental, social and governance (ESG) investing in fixed-income markets and examines the evolution of “green” debt from an issuer, investor and regulatory perspective. Central to the study is a question about market progress and if it has been enough, in Paris Agreement terms. Our research is based on indepth interviews conducted with 14 executives at asset-owner firms, regulatory bodies and finance professionals at academic or advisory organisations alongside extensive desk research and historical analysis. While the study concentrates on stakeholders and market players in Asia, the conclusions and implications are globally minded.