NEI Investments manages the largest and most comprehensive family of socially responsible investing mutual funds in Canada. On behalf of these funds, each fall the ESG Services Team at NEI reviews NEI mutual fund holdings and targets 20% of portfolio assets for corporate engagement in the coming year. The companies selected for engagement — compiled on the Focus List — are chosen based on a systematic review of:
environmental, social and governance (ESG) risk,
exposure to these risks within the funds, and
where we can be most effective.
Specific objectives are established for the year and reported on our website. Regular updates on each company are published as well as an annual compilation of accomplishments on corporate engagement and other program areas.
As active shareholders, we can deploy many strategies to advance change within companies. The choice of strategy often depends on how responsive a company is to our initial approach. The process is flexible and the strategy may be adapted as necessary with changing circumstances.