The United Nations Joint Staff Pension Fund has published its 2025 reports on proxy voting and engagement activities in 2025. The Fund exercises shareholder rights, namely proxy voting, to help manage environmental, social and governance (ESG) risks, encourage responsible business practices, and reflect the values of the United Nations system. 

“At the UN Pension Fund, active ownership is central to how we safeguard the long-term value of our assets.” said Toru Shindo, Chief Investment Officer.  

Through proxy voting and engagement, the Fund can advocate with the organizations overseeing the assets in which it invests, with the goal of mitigating risks and pursuing opportunities tied to our long-term value drivers. This includes the ongoing transition to a low-emissions global economy. 

According to the latest report, the Fund voted at all eligible shareholder meetings, covering proposals from both company management and shareholders on a wide range of topics. Overall, the Fund’s votes aligned with management recommendations in 80 per cent of cases, while the ISS Benchmark Policy recommendations are at 93 per cent alignment with management recommendations.  

As for engagement, the Fund engaged in 596 structured dialogues led by EOS Federated Hermes (EOS). The most common themes in 2025 included environmental issues, human and labor rights, board effectiveness and executive remuneration. Engagement occurred across all continents, with a 45 per cent majority in North America. 

“Engagement is at the heart of our responsible investment strategy: it is how we use our voice as an asset owner to influence corporate behavior, mitigate material risks and drive long-term value for our participants and beneficiaries” added Toru Shindo, Chief Investment Officer. 

Learn more about UNJSPF’s Responsible Investment strategy here.