Neuberger Berman Global Corporate Credit ESG Engagement Report

A report from Neuberger Berman about their engagement with portfolio companies on ESG issues. An excerpt:

We believe asset managers have a key role to play in mitigating climate change and the risks it presents to society, businesses and the global economy by directing capital to support climate solutions.

Global Corporate Credit ESG Engagement Report

We believe asset managers have a key role to play in mitigating climate change and the risks it presents to society, businesses and the global economy by directing capital to support climate solutions. As a part of the Net Zero Asset Managers initiative, Neuberger Berman actively engages with issuers on strategies and objectives to support the goal of achieving net-zero greenhouse gas emissions by 2050 or sooner, in line with global efforts to limit global warming to 1.5 degrees Celsius.

Priorities of our engagement on climate change: 

Encourage issuers to disclose historical emissions records in alignment with the Task Force on Climate-Related Financial Disclosures guidelines and establish science-based reduction targets certified by a credible third party such as the Science Based Targets initiative (SBTi).

Understand the credibility and ambition of issuer climate transition plans and their emission management and reduction strategies.

Integrate material climate risks and opportunities into our investment thesis for issuers with outsized exposure to energy transition risks while tracking management responsiveness and progress toward goals.

Global Corporate Credit ESG Engagement Report

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