Summary
AMEC’s Technical Commission has found that there are some disperse stewardship initiatives in regulatory and mainly in self-regulatory documents in the Brazilian market, but no national code that gathers the best steward- ship practices. With that in mind, AMEC decided, in the beginning of 2015, to launch the AMEC Stewardship Code. The association created a specific working group (WG) to analyze how the topic has been addressed in Brazil and on a global basis. This work was carried out from November 2015 to May 2016. The WG evaluated trials and errors, difficulties, the evolution of several global codes, and the views of national and international institutional investors about them. The result of this dialogue is compiled in this AMEC Code.