State Street Global Advisors Publishes 2020 Proxy Season Review, Showcasing Recent Asset Stewardship Activity - Seite 3

“We are proud of the impact the Fearless Girl campaign has had in improving the gender diversity conversation across the globe,” added Walker. “There is so much more that needs to be done across the many dimensions of diversity, and we are committed to this mission. We recently wrote to board chairs outlining that State Street Global Advisors will be asking companies in our investment portfolio to articulate their risks, goals and strategy as related to racial and ethnic diversity, and to make relevant disclosures available to shareholders.”

Inaugural Climate Report Published

The stewardship team’s inaugural Climate Report details that since 2014, the team has engaged with more than 600 companies across multiple industries on climate-related issues. The number of climate-related shareholder proposals submitted nearly doubled during the 2020 proxy season. State Street Global Advisors supported 34% of the 53 proposals in the first half of the year, and supported 61% of shareholder proposals requesting companies to report on the financial and physical risks of climate change on their business as well as their plans to reduce greenhouse gas (GHG) emissions.

“Climate change presents a systemic threat creating material risks that companies must address and manage, and the topic will continue to be a core theme of our program until we are confident that companies are effectively addressing the issue,” added Colton. “We believe incorporating climate change risk into companies’ strategic planning is critical to long-term value and we take a case-by-case approach to voting on climate-related shareholder proposals. This has resulted in the support of around 35% of such proposals through the first half of the year compared to 14% during the same timeframe in 2019. Engagement is also a key pillar of our program, and a powerful tool for how we work with companies to drive change.”

About State Street Global Advisors

For four decades, State Street Global Advisors has served the world’s governments, institutions and financial advisors. With a rigorous, risk-aware approach built on research, analysis and market-tested experience, we build from a breadth of active and index strategies to create cost-effective solutions. As stewards, we help portfolio companies see that what is fair for people and sustainable for the planet can deliver long-term performance. And, as pioneers in index, ETF, and ESG investing, we are always inventing new ways to invest. As a result, we have become the world’s third-largest asset manager with US $3.05 trillion* under our care.

*This figure is presented as of June 30, 2020 and includes approximately $69.52 billion of assets with respect to SPDR products for which State Street Global Advisors Funds Distributors, LLC (SSGA FD) acts solely as the marketing agent. SSGA FD and State Street Global Advisors are affiliated.

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EXP: 10/31/21

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