Global ESG Agenda Driven by Investors Since our last Survey in 2017, we have seen the number of investors incorporating ESG considerations into their investment process increase. For example, the Principles for Responsible conducting ESG-focused meetings dropped by have become more active participants. Investment (PRI) signatories grew by close approximately 9% since 2017, to 40.9%. Upon Consequently, ESG-only meetings have become 3 to 40% over the last two years. Given this further reflection, we believe that ESG has less commonplace and ESG issues are being increase, we were at first surprised to see that become more ingrained into the investment discussed in concert with other aspects of the the percentage of IR teams reporting they were process, and portfolio managers and analysts company’s performance. ESG-FOCUSED INVESTOR MEETINGS ESG-FOCUSED INVESTOR MEETINGS REGIONS WITH MOST ESG-FOCUSED DECLINED INVESTORS MEETINGS 79.3% 71.6% 63.5% 64.5% 50.0% 49.6% 47.8% 40.9% 46.2% 30.7% 2017 2019 2017 2019 2017 2019 2017 2019 2017 2019 GLOBAL ASIA PACIFIC LATIN AMERICA JAPAN WESTERN EUROPE 3 Principles for Responsible Investment. Signatory Growth. Retrieved January 29, 2020 from https://www.unpri.org/pri. 14