| answer text |
<p>In 2016 the Church Commissioners established an engagement team in conjunction
with the Church of England Pensions Board, reflecting the importance of engagement
in the application of our ethical investment policies. The engagement team has responsibility
for voting our shareholdings in publicly listed companies, preparing ethical exclusion
lists, and engaging companies in which we are shareholders on issues related to our
ethical policies. During 2017 they undertook 112 engagements on behalf of the Church
Commissioners, which ranged from letter-based contact to regular meetings with Chairs
or Board members. The most significant proportion of face-to-face meetings remained
with companies in the extractive industries. A list of company AGMs attended by the
Church Commissioners’ Engagement Team in 2016, 2017 and 2018 (to date) is below.</p><p>
</p><table><tbody><tr><td><p><strong>2016</strong></p></td></tr><tr><td><p>ANGLO AMERICAN
PLC</p></td></tr><tr><td><p>BHP BILLITON PLC</p></td></tr><tr><td><p>BP PLC, LONDON</p></td></tr><tr><td><p>Centrica
plc Exxon</p></td></tr><tr><td><p>GLENCORE PLC</p></td></tr><tr><td><p>OCADO GROUP</p></td></tr><tr><td><p>RIO
TINTO PLC</p></td></tr><tr><td><p>TULLOW OIL</p></td></tr><tr><td><p><strong>2017</strong></p></td></tr><tr><td><p>ANGLO
AMERICAN PLC</p></td></tr><tr><td><p>Antofagasta plc</p></td></tr><tr><td><p>BP PLC</p></td></tr><tr><td><p>Exxon</p></td></tr><tr><td><p>Glencore
plc</p></td></tr><tr><td><p>RIO TINTO PLC</p></td></tr><tr><td><p><strong>2018</strong></p></td></tr><tr><td><p>ANGLO
AMERICAN PLC</p></td></tr><tr><td><p>BP PLC</p></td></tr><tr><td><p>Centrica plc</p></td></tr><tr><td><p>EXXON</p></td></tr><tr><td><p>Glencore
plc</p></td></tr><tr><td><p>Millennium & Copthorne Hotels plc</p></td></tr><tr><td><p>RIO
TINTO PLC</p></td></tr><tr><td><p>Royal Bank of Scotland Group plc</p></td></tr><tr><td><p>Royal
Dutch Shell</p></td></tr><tr><td><p>WPP plc.</p></td></tr></tbody></table>
|
|
