ESG Engagement Register

ESG Engagement Register

Q1 2024
London Business School

Participated in academic research by London Business School on how active equity portfolio managers incorporate environmental and social (ES) factors into investment decisions.

Q1 2024
Sibanye Stillwater

Engagement with the CEO to discuss the renewable power initiatives in South Africa as well as labour matters.

Q1 2024
Sasol

Engagement with the Sasol Board to discuss Sasol’s Climate Change Report and the necessary improvements that need to be addressed.

Q1 2024
Shoprite

Engagement with Shoprite management around the lack of investment in the South African food supply chain, and the longer-term implications for food security.

Q1 2024
Absa

Engagement with Absa Bank management regarding claims that an organisation with Hamas links has bank accounts with South African banks.  In addition, a broader discussion regarding the banks systems and controls to ensure compliance with related banking regulation (i.e. FICA, POCA).

Q4 2023
Oceana

Engagement with management, specifically focussing on island exclusions and the plight of the African Penguin.

Q4 2023
Absa

Engagement with the Chairman of the Board regarding the resignation of the Financial Director as well as Absa’s approach to succession within the organisation.

Q4 2023
Shoprite

Engagement with the Chairman of the Board and Chairman of the Remuneration Committee on governance matters, with a specific focus on executive remuneration.

Q4 2023
Reunert

Engagement with Board members around the proposed changes to the Conditional Share Plan.

Q3 2023
Woolworths

Engaged with food and sustainability experts discussing how Woolworths Food business is supporting a healthy and sustainable world.

Q3 2023
Multichoice

Engagement with several board members on various governance matters, with an emphasis on remuneration practices.

Q3 2023
Anglo American

Engagement with company management on water use licenses.

Q3 2023
Anglo American Platinum

Engagement with company management regarding the Mogalakwena expansion options, including burial site relocation and dewatering.

Q3 2023
Naspers / Prosus

Engagement regarding remuneration practices which we regard as excessive and not adequately aligned to shareholders.

Q3 2023
Shoprite

Engaged with the company regarding the impact of the Cape Town taxi strike, how they ensured continuity of operations as well as the treatment of staff.

Q3 2023
Pepkor

Engaged with the company regarding the impact of the Cape Town taxi strike, how they ensured continuity of operations as well as the treatment of staff.

Q3 2023
Mr Price

Participated in an independent stakeholder engagement survey.

Q3 2023
Pick n Pay

Engaged with the company regarding the impact of the Cape Town taxi strike, how they ensured continuity of operations as well as the treatment of staff.

Q3 2023
BHP Billiton

Discussion with management regarding the impact of new pilot projects on the environment.

Q3 2023
EWT Biodiversity Framework

Abax was co-opted to participate in development and monitoring of biodiversity performance ratings of SA companies.