Our asset manager partners and stewardship
Royal London Asset Management (opens in a new window) manages just under 90% of our customers' pension assets through our Governed Range.
Royal London Asset Management and the other asset managers we work with are signatories of the UN Principles of Responsible Investment and/or the UK Stewardship Code. We're also signatories of both of these codes.
UN Principles for Responsible Investment
This set of six Principles, developed by a network of international investors, reflects the view that the integration of environmental, social and corporate governance (ESG) issues into investment management can have a positive impact on investment performance.
Voting and engagement in action
Royal London Asset Management takes its responsibilities as a shareholder on behalf of us and our customers seriously. Its Responsible Investment team actively engages with companies in line with its Global and UK voting policies (open in a new window), with the aim of influencing and creating change that will help to deliver better long-term outcomes for our customers and the wider world.
In 2022, Royal London Asset Management voted on 43,348 resolutions at 3,534 meetings, and engaged with 393 companies. Climate, health and governance were our top engagement activities. Our voting activity included topics such as board related resolutions, compensation and shareholder proposals.
You can find out more about Royal London Asset Management’s voting approach on its website, including full historic voting records in its voting database (opens in a new window).
Reporting on progress
Royal London Asset Management’s latest Stewardship and Responsible Investment report outlines how it voted, engaged with companies, and integrated ESG considerations into investment processes in 2022.
Current engagement themes
Royal London Asset Management focuses its time and attention on issues it feels are most material to where it invests and where it thinks engagement can have the biggest impact on environmental, social and governance (ESG) outcomes. It does this by focusing on six key themes.