Category: Engagement

SfC engages Hannover RE on climate related issues

“A good start but, after coal, it’s time to extend commitment to the oil sector”   On 2 December, during their winter meeting, SfC members engaged the reinsurance company Hannover RE on climate related issues in a video-call. The engagement session was part of a wider programme of training on how sustainability in the reinsurance[…]

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SfC engages BMW on rare metals

“The company is open to dialogue and is in the process of making improvements in supplier audits”   During 2020 SfC – Shareholders for Change, under the lead of Bank für Kirche und Caritas and the support of Ecofi, engaged with the German automotive company BMW on issues related to the sourcing of rare metals.[…]

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Japan engagement

10 Japanese companies engaged between June and July by Shareholders for Change   Sony’s stock option plan has a vesting period of just one year, thus below the three years’ threshold required by Etica Sgr in its engagement policy. Panasonic and Mitsubishi Estate didn’t submit to shareholders’ vote their remuneration policy, while women are not[…]

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rare matelas

The company is on the right path but there is room for improvement, especially on rare metal cobalt.   On July 30, SfC’s members Ecofi Investissements, Bank für Kirche und Caritas and Fondazione Finanza Etica engaged the German automotive company Daimler on issues related to the sourcing of rare metals, during a conference call. Daimler,[…]

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A climate resolution at Total agm

On Friday, June 29, French oil&gas giant Total was pleased that its shareholders rejected a resolution that had been submitted to its AGM against the advice of its Board of Directors. Put on the agenda by eleven investors representing ca. 1.36% of the company’s share capital, including SfC members Meeschaert AM, as lead filer, Ecofi[…]

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institutional investors ask the Norwegian fund to divest from Rheinmetall

A group of institutional investors and NGOs, led by SfC, ask the Norwegian fund to divest from Rheinmetall A group of European institutional investors and NGOs, led by SfC – Shareholders for Change’s founding members Bank für Kirche und Caritas (BKC) and Fondazione Finanza Etica, sent a letter to the Norwegian pension fund on the[…]

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Namibia and biological weapons

With a letter to the UN Namibian ambassador, BKC and SfC engage asked the African country to ratify the biological weapons convention. The engagement is done also on behalf of SfC.   In January Bank für Kirche und Caritas (BKC), founding member of SfC – Shareholders for Change,  has started to engage the Namibian government,[…]

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Forma Futura leads SfC engagement on Skanska and other companies

Forma Futura leads SfC engagement on Johnson Controls, Becton Dickinson, Ericsson and others   The Zurich based Forma Futura Invest, one of the three Swiss members of SfC – Shareholders for Change, will send letters to seven companies in March, asking for clarification on a number of controversial cases. This will be done also on[…]

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Ecofi launches a new SfC engagement with Orange

A new engagement process with Orange has been launched by SfC’s founding member Ecofi Investissements in October.   Alleged anti-competitive practices, alleged controversies in the relation with customers in Africa and Poland as well as the restructuring process, back in 2008, accompanied by an anomalous number of suicides among the company’s employees, that has recently[…]

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Fundació Finanza Éticas engages Endesa

Fundación Finanzas Éticas, founding member of SfC – Shareholders for Change is engaging the Spanish power company Endesa on energy poverty   On 15 April 2019, Fundación Finanzas Éticas (on behalf of SfC – Shareholders for Change, of which it is one of the seven founding members), Greenpeace Spain and IIDMA (International Institute for Law[…]

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