Summary
This document is a Fixed Income Engagement Report detailing the engagement activities conducted by Morgan Stanley Investment Management’s Fixed Income group over a 12-month period from July 2023 to June 2024. The report outlines the importance of investor-driven engagement in enhancing credit research and promoting sustainable outcomes. It presents data on the number of ESG engagements, highlighting a significant increase in focus on sustainability topics, particularly in ESG reporting and disclosure quality. The report includes thematic breakdowns of engagement topics, emphasizing environmental issues and governance practices. It also discusses the engagement strategy's goals, which include gathering relevant ESG information to support investment decisions and promoting sustainable practices among issuers. The document concludes with insights on the impact of these engagements on investment strategies and issuer relationships, illustrating the double materiality approach employed by the Fixed Income group.
