We engage with businesses in our portfolio in order to understand them better and to encourage a more progressive approach to environmental, social and governance (ESG) issues. Engagement is undertaken directly by members of WHEB’s investment team and any new insights or information is fed directly back into the investment process.
We report on our engagement activity over the course of the year as well as on how successful we believe that we have been . In 2018, we engaged with 41 individual companies representing 71% of the companies held in the investment strategy at the year end. In many cases we engage businesses on more than one issue in the course of the year. In total there were 112 issues that we engaged portfolio companies covering corporate governance issues (74 separate engagements), ESG disclosure (27) as well as specific social (6) and environmental (5) issues.