Engagement on MS with investee companies (sector specific)
About the data
Investors conduct due diligence in their investments by actively engaging with investee companies, either directly or through intermediaries. This continuous engagement helps investors to understand and address modern slavery risks in their investees' value chains and business relationships.
This metric was developed by Walk Free, Wikirate, and the Business & Human Rights Resource Centre, to assess the statements produced by 91 asset managers identified as having to report under the UK Modern Slavery Act. For more information, please visit the project page.
Methodology
Does the investor disclose stewardship or active engagement, either directly or through intermediaries, with investee companies on their (investee companies’) modern slavery/ labour exploitation/ human trafficking risks in value chains and business relationships?
Relevant engagement can include:
- Engagement with current or potential investees
- Files or supports shareholder resolutions / voting at shareholder meetings
- Direct roles on investee boards and board committees
- Engagement policy/ Leverage policy
- Litigation
- On-site visits, social audits, or self-assessment reviews
- Civil society monitoring
- Training
PRI defines stewardshipas: "the use of influence by institutional investors to maximise overall long-term value including the value of common economic, social and environmental assets, on which returns and clients' and beneficiaries' interests depend."
Please note that this engagement is with investee companies, not suppliers. Supplier engagement is covered under metrics such as the MSA risk management (revised).
Synonyms for modern slavery include human trafficking, labour exploitation or forced labour.
If the company discloses that it actively engages, either directly or through intermediaries, with investee companies on modern slavery, please indicate “Yes”, and provide details.
If no engagement exists or is described in the statement, please select "No".
* Note on choosing the Year of your answer
Read the MSA Statement carefully to find out what year it covers.
When a statement is referring to a Financial Year (FY) ending in Q1 or early Q2, it should be labeled with the previous year. Example:
- Statement for FY2018/19 ending in April 2019 = 2018
- Statement for FY2018/19 ending in May 2019 (or later) = 2019