Throughout its history, CIAM has placed significant emphasis on identifying listed European companies with specific corporate governance issues that have negatively impacted their share value. In recent years, CIAM has also increased its focus on environmental and social considerations, integrating ESG across the investment process.
CIAM firmly believes that considering environmental, social and governance factors is crucial for sustainable management and must influence investment decisions, particularly in analysis and risk assessment, to advance the long-term financial and non-financial interests of investors.
CIAM was one of the first European investors to leverage active and responsible engagement, ready to intensify its actions when necessary. Since 2013, CIAM has focused on corporate governance as a catalyst for change and shareholder value creation. From 2020 onwards, CIAM has broadened its analyses to include additional extra-financial criteria, such as environmental and social factors. Failure to consider ESG criteria is seen by CIAM as potentially leading to reputational, economic, and regulatory risks for companies.
CIAM has developed a Responsible Investment Policy, a Shareholder Engagement Policy, and a Voting Policy. These policies are updated annually and describe the ESG process we implement.
CIAM acknowledges that its ESG policy is part of an ongoing, long-term process that will evolve over time to reflect changes in industry best practices and internal processes. This commitment ensures that CIAM continues to meet and exceed its objective of being a responsible investor.