{"id":468,"date":"2022-01-14T14:17:50","date_gmt":"2022-01-14T14:17:50","guid":{"rendered":"https:\/\/zennorassetmanagement.com\/?page_id=468"},"modified":"2024-03-28T05:07:26","modified_gmt":"2024-03-28T05:07:26","slug":"japanese-stewardship-code","status":"publish","type":"page","link":"https:\/\/zennorassetmanagement.com\/japanese-stewardship-code\/","title":{"rendered":"Japanese Stewardship Code"},"content":{"rendered":"\t\t
Zennor supports the Japan Stewardship Code and its aims to promote the sustainable growth of investee companies through investment and communication with company management teams. Adoption of these codes is consistent with our investing discipline and reflects our commitment to preserving capital and long-term shareholder value growth.<\/p>
https:\/\/www.fsa.go.jp\/en\/refer\/councils\/stewardship\/20160315.html<\/a><\/p> This statement describes our acceptance and adherence to the principles of the Japan Stewardship Code.<\/p> Principle 1: Institutional investors should have a clear policy on how they fulfil their stewardship responsibilities, and publicly disclose it.<\/b><\/p> Zennor supports the code through its ongoing engagement and dialogue with companies. Zennor also exercises its responsibility through proxy voting its holdings in accordance with our Zennor Voting Policy<\/a>. Zennor discloses its proxy voting activity via its website. Zennor has also integrated Sustainability into its investment policy which embraces a concept of engagement and stewardship at the core of our process. This can be found here<\/a><\/p> Zennor is a signatory of the UN PRI<\/a><\/p> Principle 2: Institutional investors should have a clear policy on how they manage conflicts of interest in fulfilling their stewardship responsibilities and publicly disclose it.<\/b><\/p> Zennor has the following policies Conflicts of Interest<\/a>,\u00a0Trading Execution Policy,<\/a>\u00a0Proxy Voting Policy<\/a><\/p> The Zennor governance system involves the Senior Management, Compliance team, and the Investment Committee comprised of senior members of the firm and advisors who seek to minimise, manage, and disclose any potential conflicts of interest.<\/p> Principle 3: Institutional investors should monitor investee companies so that they can appropriately fulfil their stewardship responsibilities with an orientation towards the sustainable growth of the companies.<\/b><\/p> Zennor seeks to increase alignment between investee companies and shareholders. Zennor considers a wide range of inputs including direct contact, company reports, and information from third-party researchers as part of this process. Zennor takes an active stance in fulfilling its fiduciary duties including engagement on corporate governance, and proxy voting.<\/p> Principle 4: Institutional investors should seek to arrive at an understanding in common with investee companies and work to solve problems through constructive engagement with investee companies.<\/b><\/p> Zennor believes that ongoing dialogue, active engagement and proxy voting are the primary ways to increase common understanding with companies. Stronger governance is likely to lead to better corporate and stock performance. Through positive engagement, we can help promote higher sustainable growth over time. We also seek to enhance governance through proxy voting. At times we may collaborate with other investors and seek collective engagement on important issues.<\/p> Principle 5: Institutional investors should have a clear policy on voting and disclosure of voting activity. The policy on voting should not be comprised only of a mechanical checklist; it should be designed to contribute to the sustainable growth of investee companies.<\/b><\/p>