Corporate governance

M&G supports the UK Corporate Governance Code*. We make informed judgments about applying the code, subject to the individual circumstances of the company concerned.

M&G strives to act as a responsible shareholder and according to the standards of the Financial Reporting Council’s Stewardship Code. To find out more about our approach, please read Issues arising from share ownership, with cross references of the code to our website.

Active voting is an integral part of our investment approach. We believe exercising our votes adds value and protects our interests as shareholders. See how we voted recently.

M&G is a signatory to the United Nations Principles for Responsible Investment (UNPRI).

*The UK Corporate Governance Code (formerly the Combined Code) sets out standards of good practice in relation to board leadership and effectiveness, remuneration, accountability and relations with shareholders.

All companies with a Premium Listing of equity shares in the UK are required under the Listing Rules to report on how they have applied the Combined Code in their annual report and accounts. The relevant section of the Listing Rules can be found at: http://fshandbook.info/FS/html/FCA/LR.

The Code contains broad principles and more specific provisions. Listed companies are required to report on how they have applied the main principles of the Code, and either to confirm that they have complied with the Code's provisions or - where they have not - to provide an explanation.

The current edition of the Code was published in May 2010 and applies to financial years beginning on or after 29 June 2010.