Environmental, social and governance (ESG) factors continue to impact the global credit markets. This year, our Credit Research and ESG Investing teams explored engagement issues, labor relations, health and safety, climate change and long-term business strategy.


Consistent with Neuberger Berman’s commitment to firm-wide collaboration on environmental, social and governance (ESG) issues, we have incorporated the engagement activities of our Corporate Credit research team within this year’s report and expanded the scope to global corporate fixed income markets. We are proud to report that our global corporate fixed income team conducted 1,153 issuer engagements covering 1,835 ESG-related topics between July 1, 2019 and June 30, 2020. Within this paper, we provide an update on our engagement activities, discuss how we prioritize our engagements with issuers and describe recent engagement trends. Our highlighted case studies provide insight into the framework we use to engage with issuers on important ESG topics to promote positive outcomes for creditors and broader stakeholders.