Direct engagement with companies and their stakeholders is an important part of Devon’s investment process, and a key driver of our approach to Responsible Investment.
Engagement is typically with the CEO, CFO and other senior management and may take the form of face-to-face meetings, phone conversations or written communication. This engagement provides us with insights into the quality of a company’s management, strategy, market environment, operations, governance structure and their approach to ESG issues. We also engage with the Board of Directors to inform them of our view on a topic and to understand how a Board may be addressing a particular issue. If a concern is not being addressed to our satisfaction with management we will look at the option of escalating it to the Board.