ESG Engagement Register
Royal Bafokeng Platinum
Engagement with the Chairman and Lead Independent regarding general ESG matters
Naspers/Prosus
Sent a collaborative investor engagement letter to PRX, NPN Boards regarding concerns associated with the Prosus voluntary share exchange offer for Naspers shares
Firstrand
Engagement with Firstrand’s sustainability team regarding their approach to Climate Change
Standard Bank
Co-filed a non-binding resolution calling for clear Climate related targets and disclosure. In addition, engaged with executive management on the topic
Sanlam
A follow up engagement with the Chairman and CEO regarding related party transactions and worrying deterioration in governance standards
Prosus
Engaged with the Prosus and Naspers remuneration committee regarding general governance, alignment with shareholders, quantum of pay and KPI’s
Spar
Engaged with the Financial Director regarding the re-election of certain members to the Audit Committee
Sanlam
Abax sent a letter to the Chairman of the Board recording our objection to Sanlam’s investment in ARC Financial Services Sub Co.
Investec
Engagement with the Chairman and Chair of the Remuneration Committee regarding board succession, remuneration and other governance matters
Coronation Fund Managers
Discussion regarding further disclosures made in the 2020 integrated report