Cohen & Steers

Climate Impact & Sustainability Data (2023, 2024)

Successfully transitioned four SICAV sub-funds to be classified under Article 8 of the Sustainable Finance Disclosure Regulation (“SFDR”), meeting the growing demand for products with ESG characteristics while delivering risk-adjusted returns.
Developed reporting for the UK Stewardship Code and continue to remain a signatory.
Created dedicated climate working groups and advanced research which will contribute to the improvement of our proprietary ESG scorecards and models, enabling us to better identify investment opportunities while managing ESG risks for improved client outcomes.
Reviewed and acquired data related to carbon transition risks, physical climate risks, and regulatory reporting.

Recent release of diversity and inclusion statistics on our website is a transparent demonstration of our ongoing efforts to create a diverse and inclusive workplace.
Engagement with US Rail company to improve labor relations and retention.

Refreshed our engagement and global proxy voting policies and updated our Integration Statement to reflect recent enhancements across each of them.
Enhanced our proprietary ESG integration framework and engagement practices, as well as increasing our active ownership activities through proxy voting and direct engagement with portfolio companies.

Medium-term Goals:

Three-year ESG Roadmap that focuses on cross-cutting strategic elements, investments, product development, regulatory compliance, and corporate responsibility.

Short-term Goals:

Continued focus on evolving our ESG integration approach towards a more data-driven process and assessing climate change and applying these insights and knowledge into our investment process.

Evolving ESG standards and frameworks require ongoing analysis and adjustments.
Certain clients do not provide Cohen & Steers with discretion to vote following their guidelines.

Strengthened ESG team leads with a proactive approach that tracks evolving ESG standards and frameworks and adjusts when appropriate.
Ongoing analysis and education on ESG trends and topics; continued focus on evolving our ESG integration approach towards a more data-driven process and assessing climate change and applying these insights and knowledge into our investment process.

Extreme weather, storms, wildfires, flooding, sea level rise, increasing temperatures, and droughts

Frameworks Used: PRI