The Desjardins Group Retirement Committee (DGRC) believes it is important to foster sustainable development in order to promote stability and growth for decades to come. To that end, the DGRC promotes responsible investment which allows the Plan, along with Desjardins Group, to play a proactive role in environmental, social and governance challenges, including the fight against climate change.
After setting up a socially responsible investment policy in 2010 and strengthening shareholder engagement by adopting a voting rights policy in early 2014, the Desjardins Group Pension Plan (DGPP) reiterated its commitment to responsible investment by becoming a signatory of the Principles for Responsible Investment (PRI) in January 2018.
Report on 2017 voting activities
Pursuant to the DGPP voting rights policy in effect in 2017, external portfolio managers were given voting rights associated with the DGPP’s public shares. They had to exercise these rights in accordance with the rules set out in the policy. In 2017, the DGPP exercised its voting right at 1,920 shareholder meetings through its various management mandates. Below is a summary of voting activities. For more information, click on the name of a portfolio manager.
Voting rights management
From 2018, the services of an external firm were retained to manage voting rights in order to ensure rigorous enforcement of the voting rights policy.