By centralizing engagement and proxy voting data in one platform, investors will be able to strengthen their ESG data capabilities to better manage and meet their ESG goals.
Stockholm (October 27, 2022) - Esgaia, a technology company offering investors specialised ESG engagement tracking software, today announced it has teamed up with Glass Lewis, a leading independent provider of global governance and engagement support services, to provide a customized version of Esgaia’s technology to its institutional investors that want to digitalise their engagement workflow to improve activity recording, performance monitoring, and stakeholder reporting.
The customized platform, which will soon be available through Glass Lewis, will provide a seamless integration of proxy voting and stewardship engagement data, and will allow investors, including Glass Lewis’ 1,300+ clients who collectively manage more than $40 trillion in assets, to optimize their engagement processes, and report on the progress and efficacy of their active ownership.
“We see that many investors’ systems for engagement management are inefficient and not fit-for-purpose, which can become a hindrance to successful engagements,” said Anton Ljung, CEO at Esgaia. “We are convinced that purpose-built technology will play an increasingly important role in investors’ active ownership programs. Together with Glass Lewis, we will be able to propel the software usage and derived benefits for a greater number of investors, empowering them to become more responsible stewards of assets”.
The strategic partnership enables Glass Lewis clients to:
Centralize their active ownership work in Glass Lewis’ environment
Holistically align proxy voting and engagement records
Create smoother workflows for stewardship and investment teams
Break down operational and data silos using system integrations
“We found that too many investors were struggling with spreadsheets to gather and organize their engagement data,” said Dan Concannon, Chief Commercial Officer at Glass Lewis. “This platform not only allows engagement information to be better organized and accessible by internal teams, but it also surfaces insights to improve stewardship goal-setting and decision-making. As part of the Glass Lewis suite of Active Ownership solutions, the platform serves as a critical component to ensure investor stewardship efforts yield results”.
About Esgaia:
Esgaia is a technology company providing an independent purpose-built engagement management software to institutional investors globally. The platform helps investors save time and improve quality by centralizing engagement management in a cloud-based environment.
About Glass Lewis:
Founded in 2003, Glass Lewis is a trusted ally of more than 1,300 investors globally who use the firm’s Proxy Paper research, industry-leading Viewpoint proxy vote management solution, and now engagement management platform, to help drive value across all their governance activities.