Provision of Institutional Proxy Voting Service for Office of Investment Management, United Nati ...

Overview of the UNJSPF: The United Nations Joint Staff Pension Fund (“UNJSPF” or “the Fund”) was established by the General Assembly of the United Nations ("UN") to provide retirement, death, disability and related benefits for the staff of the UN and other international intergovernmental organizations admitted to membership in the Fund. The United Nations Secretary-General has the fiduciary responsible for the investment of the assets of the UNJSPF. The Secretary-General has delegated this responsibility to the Representative of the Secretary-General for the investment of the assets of the UNJSPF (RSG). The RSG is, in turn, assisted in this function by the Office of Investment Management (OIM) of the UNJSPF. All investments made, at the time of the purchase, must meet the criteria of safety, profitability, liquidity, and convertibility endorsed by the General Assembly and the United Nations Joint Staff Pension Board (“UNJSPB”). OIM utilizes the services of various global, regional and national trading counterparties. The UNJSPF is an internally managed fund, with a total market value of approximately $82 billion as of 11 March 2021, invested in more than 100 countries and regions distributed in 26 currencies and in both publicly traded securities as well as private capital investments (private equity and real assets). Please consult the Fund’s website at https://oim.unjspf.org/ for a breakdown of the Fund’s assets per type of investment and additional information. The Fund’s equity portfolios cover all global geographical regions and are managed by North American, European, Asian and Emerging market equity teams. The total market value of the equity investments amounted to $51 billion as of 11 March 2021. Purpose of the Request: The Office of Investment Management (OIM) of UNJSPF is seeking information on an institutional Proxy Voting Service Provider for the shares owned by the UNJSPF in the investment portfolio. OIM manages the UNJSPF’s assets in a manner that supports the Fund’s long-term interests. Therefore, proxy voting is a key OIM fiduciary responsibility. OIM has an obligation to ensure that the shares owned by the UNJSPF are voted in a way that supports the interests of the Fund’s participants over the long term. The Proxy Voting Service Provider would help OIM in achieving its proxy voting and ESG policies.