SfC member Forma Futura engaged Lindt & Sprüngli asking for explanations on the media allegations regarding child labour in various cocoa plantations. In January 2024, a report by SRF (the German-speaking Swiss television) uncovered cases of child labour on various cocoa plantations in Ghana, from which also the Swiss chocolate producer Lindt & Sprüngli sources some of its cocoa,[…]
Recently, our Swiss member Ethius Invest has been thoroughly working on quality control regarding animal testing within the pharmaceutical industry. Based on their findings, they have started to engage ESG rating companies to double check their assessments regarding animal rights exclusionary criteria. According to a survey by the German comparison portal operator Verivox, in the[…]
The chemical sector accounts for nearly 6% of GHG emissions globally.We need an urgent system-wide transformation to address the climate crisis and avoid climate disaster. In 2021, the responsible investment NGO ShareAction launched an engagement campaign targeting the 13 biggest European chemical companies. The goal? Persuading them to adopt credible strategies aligned with the[…]
Die Klimakapitalisten In July 2023, SfC and its Swiss member Inyova (as well as BKC and GLS Investments) were featured in the German weekly magazine Der Spiegel. “Greenwashing scandals have shaken confidence in sustainable investing. In addition, US funds have been pulling their money out of green investments since they came under attack from[…]
Along with Bank für Kirche und Caritas and Union Investment, we are proud to publish the joint statement “Key Points on Credible Engagement to Foster the Sustainable Transformation”. We understand engagement as the active exertion of influence by capital investors through the exercise of voting rights and dialogue strategies with the clear goal of[…]
Photo: Kane Reinholdtsen, Unsplash The importance of working as a team in shareholder engagement The first Chapter of the last issue of “Sustainable Investing In Focus” published in June by Citiwire also focuses on the importance of working as a team in shareholder engagement to obtain results. It contains interviews with some of our members.[…]
Thanks to the succesful engagement, Carrefour will publish Scope 3 emissions data in the universal registration document and establish an action plan concerning emissions from franchised shops Shareholders for Change member Phitrust federated fellow member Ecofi and 9 other shareholders, representing 1.1% of Carrefour’s capital. Together, they had an item placed on the agenda regarding the climate[…]
Photo: ICAN | Aude Catimel SfC member Etica Sgr seeks signatories for Nuclear Weapons Abolition Pledge In June 2022, SfC’s member Etica Sgr took part in the first meeting of states parties to the Treaty on the Prohibition of Nuclear Weapons (TPNW), where it presented a statement signed by more than 30 investors and[…]
Catastrophe bonds (CAT bonds) transfer part of the risk of natural disasters assumed by insurance companies to the capital markets. As a result, CAT bonds can have a certain positive effect from a sustainability perspective. However, for this sustainability contribution, the condition must be fulfilled that the insurance policies underlying the CAT bonds cover sustainable insurance purposes such as[…]
Significant success of Ethius’ engagement on Intel Chipmaking heavyweight Intel is ending production of its bitcoin mining chip series, the company said in a statement to CoinDesk on 18 April. “As we prioritize our investments in IDM 2.0, we have end-of-lifed the Intel Blockscale 1000 Series ASIC [application specific integrated circuit] while we continue to support[…]