Engagement in France and abroad: from dialogue to voting policies

This Report aims to provide an overview of the diversity and development of engagement practices and the difficulties they face in France and abroad. It also focuses on how environmental and social issues are progressively being taken into account in these practices.

The study is designed to provide information to and raise awareness of a range of stakeholders in engagement such as shareholders, NGOs, trade unions, companies, etc. This Report essentially addresses the subject from the perspective of investors. Further developments are planned and will address this subject from the company’s perspective. The dedicated working group of the ORSE Finance Club will extend this work through case studies, expert interviews, etc.

The Report is divided into 4 parts:

1. An overview of the main legislative and regulatory provisions;
2. A presentation of the main engagement actors, their aims and means of action;
3. The forms of expression of engagement: establishment of guidelines including Environmental, Social and Governance (ESG) criteria, participation in Annual General Meetings and dialogue with issuers and their stakeholders;
4. A brief overview of the social and environmental issues.