Our engagement
This was the second year that we implemented our Board Diversity policy, which outlines the conditions of our escalation approach if a company has less than 30% female representation on its board. The policy outlines that when these minimum expectations are not met, we would normally vote against the most appropriate member of the board who is up for re‑election. Ahead of applying this escalation approach, the team will have made attempts to communicate our expectations and engage with companies.