Wealth – power to change

Globalance Stewardship

When we own capital and invest in companies, we have a responsibility and the power to effect change. These are greater than most of us realise. We would like to show you just how great here. The philosophy of active ownership is part of Globalance’s “raison d’être”.

Our stewardship principles

The term “stewardship” is used to describe internationally recognised principles of good asset management. The term describes “the careful and responsible handling of something that has been entrusted to you”. As an important part of our stewardship, we vote annually on proposals at our portfolio companies (proxy voting) and enter into a dialogue with company representatives about their impact on our environment and society (shareholder engagement).

What is proxy voting?

Companies hold an Annual General Meeting every year. At these meetings, the company’s proposals and sometimes proposals brought forward by shareholders are put to a vote. At Globalance, we vote on the proposals of our portfolio companies worldwide every year. This takes place via the ISS technical infrastructure and is known as “proxy voting”. We base this on the ISS Sustainability Proxy Voting Guidelines.

You can access the results of our votes in 2023 by clicking on the button below.

What is shareholder engagement?

Shareholder engagement involves shareholders or asset managers entering into a direct dialogue with companies. The focus is on environmental, social and governance issues. At Globalance, we hold annual dialogues with selected portfolio companies. Here we focus on the topic of climate change. The topics of biodiversity and human rights are also part of the dialogue.

You can find examples of our company dialogues by clicking on the button below.

Why is shareholder engagement important?

Shareholder engagement is an important instrument for investors to bring about positive changes in portfolio companies. In the case of companies listed on the stock exchange, where the investment has an indirect signalling effect, a direct effect can be achieved through shareholder engagement.

How investors make an impact

What does the latest research say about shareholder engagement?

Research into shareholder engagement has increased significantly in recent years. Various disciplines are empirically analysing whether and how investors contribute to a more sustainable economy.

Click on the button below to access the key findings of the latest research.

What guidelines do we adhere to in our stewardship?

Our commitment to being an active owner and fully exercising our participation rights is based, among other things, on the principles of the United Nations Principles of Responsible Investing (UN PRI). In developing the following principles, we adhere to the recommendations of the Stewardship Principles of the International Corporate Governance Network, ICGN, as well as the Swiss Stewardship Code, which will be launched in 2023.

You can find out more about the Globalance Stewardship Principles in the Stewardship Report:

Globalance Stewardship Report 2023

Updates on the topic of stewardship