Institutional investors increasingly undertake engagement with the companies they own or in which they hold debt to influence their overall direction, especially with respect to ESG issues. Federated Hermes has found that successful engagement can reduce risk, particularly with respect to environmental topics. As the importance of incorporating climate risk and opportunities into overall governance, strategy, and day-to-day decision-making grows, the potential value of engagement dialogue between investors and companies is also growing. This fireside chat will explain what goes into a successful engagement and why investors might choose to engage versus divest, especially with respect to fossil fuel companies. Come away with specific examples of how particular companies responded to engagement dialogue and other shareholder tools, as well as the collaborative initiatives the investment industry is undertaking with respect to climate change.