Reflecting the continuous dialogue between Amundi and companies, our engagement for influence aims to support companies in taking into account environmental, social and governance (ESG) issues on specific themes.
Since 2019 and in particular in 2020, Amundi has been focusing its voting and engagement efforts on two priority themes: the energy transition and social cohesion. Both topics represent systemic risks for companies as well as opportunities for those who wish to integrate them in a positive way.
Amundi’s engagement process relies on a multi-faced approach:
ongoing engagement on specific challenges or sustainability risks faced by an issuer or a sector,
thematic engagement comprising of to cross-sectorial engagement on key topics such as climate or the living wage,
collaborative engagement favoring collective efforts to encourage issuers to act collectively on key sustainable issues.
In 2022, Amundi engaged with issuers on 6 main areas, 2115 issues were raised.
Transition towards a low carbon economy
Natural capital preservation
Social cohesion through the protection of direct and indirect employees and Promotion of human rights
Client, Product and Social Responsibility
Governance practices for Sustainable Development
Dialogues to foster a stronger voting exercice and a stronger corporate governance
Engagement broken down by topic1
1 Source: Stewardship Report 2022
(*) A new “Dividends” category was created in 2022. These proposals were previously recorded in the “Other” category. (**) Does not include votes for which there was no management recommendation Source: Amundi Asset Management
In 2022 Amundi participated to 10,208 General Meeting and voted on 107,297 Resolutions.
General meetings at which we voted against at least one resolution
Votes against resolutions
Thematic breakdown of votes "against management"2
2 Source : Rapport d’Engagement 2022
Amundi's leadership has been recognized by ShareAction's "Voting matters 2020" report2, in which Amundi ranks among the top performing asset managers in terms of voting on climate change, climate-related lobbying, and social issues.
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