Our Responsible Investment Pillars and ESG Focus areas drive our ESG integration activities.
Our approach to ESG integration varies with investment strategy, asset class and across various stages of the investment process. Our guiding principles, however, remain the same — consideration of ESG factors enables better-informed investment decisions and supports long-term stakeholder value.
Environmental Management & Disclosure
Worker Safety & Human Rights Across the Supply Chain
Pay for Performance
Responsible Investment Structure
The governance of responsible investment at AIMCo begins with our Board-approved Responsible Investment Policy which applies to all assets under management. Our Responsible Investment Committee then oversees the strategy and approves all guidelines and ESG Focus Areas.
Our Stewardship Activities
AIMCo is committed to acting as a responsible steward of our clients’ investments to promote sustainable, long-term value. Our philosophy of ‘voice over exit’ guides our stewardship activities including proxy voting and company engagements which are conducted with our clients’ best interests in mind.
Voice over exit
AIMCo champions a 'voice over exit' approach by participating in engagement and advocacy efforts. Through these efforts, we promote responsible business practices, better corporate governance and more sustainable financial markets on behalf of our clients.
Proxy voting on our publicly held assets is a key responsible investment activity. It allows AIMCo to exercise shareholder voice on behalf of our clients to promote sustainable, long-term value. We strive to demonstrate robust proxy voting processes. In evaluating ballot items, we consider multiple inputs: our custom proxy voting guidelines, proxy research from two service providers and a process of internal consultations with portfolio managers and/or the RI team. We always vote with our clients’ best interest in mind. We do not always agree with investee firms' management, or the recommendations of proxy service providers. We support reasonable shareholder proposals that align with our assessment of the company's ESG risks and opportunities. AIMCo’s proxy voting guidelines are publicly available.
Our proxy voting record is maintained by our service provider, Glass Lewis & Co. We provide a rationale for our voting decision when the vote is contrary to management or if the proposal is non-routine.
Our Commitment to Transparency
We demonstrate transparency and accountability by publicly disclosing our responsible investing activities and guiding documents to foster client confidence. We report to our clients and broader stakeholders on a regular basis and yearly through our AIMCo annual report, our Responsible Investment Report and PRI Transparency Report.
Collaboration & Education
AIMCo actively contributes to investor dialogue, demonstrating thought leadership and advocacy in alignment with our ESG focus areas. We submit a reasoned commentary to national and international bodies and regulators and contribute to investor working groups.