Stewardship is an integral part of Panarchy Partner’s investment process. We believe that effective stewardship comes from voting, active engagement and best practice sharing with our portfolio companies.
We have aligned our voting policy to provide proper stewardship of the four forms of capital: financial, human, social and environmental capital. We expect the Board and its governance structure to direct, enable and support the stewardship efforts of management through the proper governance of capital and stakeholders.
Overview of Voting Topics 2020
In 2020, we focused on capital management due to COVID-19 and the impact it would have on human capital for our portfolio companies. We decided that buybacks would not be a good use of funds while companies were making redundancies. For this reason we abstained on all share buyback decisions and engaged with companies on their COVID-19 contingency plans.
Panarchy Partners is a signatory of the Singapore Stewardship Principles (SSP)
“We share the view that stewardship is important, and agree with the spirit and principles articulated in the Singapore Stewardship Principles (SSP) for Responsible Investors. We express our support for the SSP.”