Mary Beth Gallagher, our Director of Engagement, explains how Domini engages with companies on key issues.
Our engagement tools include:
A recommendation that a company or its board take action on a specific topic.
The primary forum where a shareholder can have their say on important company issues.
The issuance or endorsement of statements or letters on a variety of social and environmental issues.
These tools allow us to help create impact as far-reaching as our recent engagement themes:
Domini’s engagement tools include Shareholder Proposals, Proxy Voting, and Public Statements, including, discussions about, or the issuance or endorsement of, statements or letters on a variety of environmental, social, or governance issues. These tools help us create far-reaching impact in support of our engagement themes: universal human dignity (people) and ecological sustainability (planet).
We believe that dialogue and collaboration can inform our engagement efforts. While Domini periodically works with other investors or organizations with common interests in support of our engagement themes, Domini independently determines which issuers to engage with, the scope of our participation in engagements with others, and whether to support shareholder proposals filed by another investor, in accordance with Domini’s Proxy Voting Guidelines.
Domini independently exercises its sole discretion when making investment decisions, voting proxies, or engaging with issuers on behalf of its clients. Domini does not require or seek collective decision-making or action with respect to acquiring, holding, disposing and/or voting of securities in connection with any of its engagements. Any involvement in multi-participant engagements or discussions regarding a specific issuer is premised on the understanding that Domini is not formally or informally agreeing to buy, sell, hold, or vote together with any other engagement participants, or to engage with any specific issuer or set of issuers at the direction of any other engagement participant. When involved in multi-participant engagements or discussions, Domini expressly reserves for itself the discretion to make decisions independently and does not make any commitment to any other participant to act in concert to acquire or consolidate control over any issuer or its board.
Domini reserves the right to terminate its participation in any engagement at any time and for any reason.