The first quarter of the year is always relatively quiet on the AGM and voting front, however from a responsible investment perspective it was still a busy period. Quilter produced its first TCFD (Task-force for Climate-related Financial Disclosures) report . This involved significant input from the responsible investment team particularly in regard to providing climate metrics for our core models and funds. Last year, as Quilter, we became one of the first wave of signatories to the 2020 Stewardship Code and this is an annual process, so we have been working hard on a report for 2021 which will be available soon.
Climate action is one of our core themes across responsible investment, as part of this Greg Kearney, Senior Responsible Investment Analyst, has undertaken engagements with the highest carbon emitting companies within our holdings to understand their climate transition plans and what good looks like. This will be an ongoing process and you can read more about this within the report. Following our COP26 event, back in November, we have reflected further on what progress was made and this report includes some thoughts on where we are and where we need to be. Finally, we are developing our climate action plan across our operations and investments – the details may be found in this statement.