Title: Our Proactive Approach to Sustainable Investing and Stewardship
At Collegia, we believe that sustainable investing isn’t just about avoiding risks—it’s about actively shaping better outcomes for our members and the world. Our approach integrates rigorous research, direct engagement, and a steadfast commitment to stewardship, ensuring that environmental, social, and governance (ESG) factors are central to every investment decision. Here’s how we put this into practice.
Why ESG Matters: Beyond the Checklist
ESG factors are more than a compliance exercise. They are critical drivers of long-term value. By understanding how companies manage material ESG risks and opportunities—from climate transition plans to board diversity—we gain deeper insights into their resilience, innovation, and potential to deliver sustainable returns.
Our team doesn’t just screen companies; we engage directly with leadership to drive meaningful change. Over the past year, we engaged with 34 companies across 41 meetings, focusing on issues that matter most to our members’ financial future and global sustainability goals.
Active Stewardship in Action
Stewardship means holding companies accountable while supporting their progress. Here are a few examples of how we’ve done this:
- Aptiv (Industrials): Navigating Leadership Transitions
When Aptiv’s long-serving CFO moved to an operational role, we engaged with their CEO to understand the rationale behind the change. The new CFO brings a track record of success, and Aptiv’s accelerated share repurchase program reflects confidence in its undervalued stock. We also addressed concerns about “disintermediation risk,” ensuring the company remains a leader in automotive technology—not just a commoditized parts supplier. - Hologic (Healthcare): Strengthening Transparency
Hologic recently updated its risk disclosures amid speculation about regulatory investigations. Through direct dialogue, we confirmed no active probes and learned that revised language aimed to enhance transparency. We’ll continue monitoring their disclosures, particularly as leadership transitions signal potential succession planning. - Prysmian Group (Industrials): Accelerating Decarbonization
As a high-impact climate transition issuer, Prysmian’s €100 million decarbonization commitment is critical. We pressed for clarity on Scope 3 emissions and how their acquisition of Encore Wire aligns with targets. Their plan—electrifying operations and phasing out gas—shows progress, but we’ll keep advocating for quantifiable milestones.
By the Numbers: Our ESG Engagement Focus
Over the past 12 months, our engagements spanned 3 core pillars:
- Environmental (62 engagements):
Carbon emissions (21), clean tech (12), and climate transition plans (5) led the agenda. - Social (109 engagements):
Human capital development (32), diversity & inclusion (19), and product safety (10) were top priorities. - Governance (102 engagements):
Executive pay (28), board independence (14), and organizational culture (18) dominated discussions.
This targeted approach ensures we address the issues most material to each sector—whether reducing emissions in industrials or enhancing governance in healthcare.
Our Commitment to You
Sustainable investing requires patience, persistence, and partnership. By engaging directly with companies, we not only mitigate risks but also unlock opportunities—from greener technologies to fairer workplaces.
As we move forward, we’ll continue to:
- Prioritize material ESG factors in every analysis.
- Push for transparency in corporate strategies and disclosures.
- Align our engagements with global sustainability frameworks, such as the Paris Agreement.
Join Us in Building a Sustainable Future
At Collegia, stewardship is a responsibility we take seriously. Every engagement, every question asked, and every target set is a step toward a more sustainable and equitable economy—one that delivers lasting value for our members.
For more details on our ESG approach, visit our Sustainable Investing Hub.
Investing involves risks, including loss of capital. Past performance is no guarantee of future results. This material is for informational purposes only and should not be construed as investment advice. Full disclosures and prospectuses are available on our website.
Stay informed. Stay invested. Stay sustainable.
Collegia pensions
