Category: Engagement

namibia engagement

SfC German member Bank für Kirche und Caritas (BKC) concludes two-year engagement dialogue successfully   Namibia officially becomes the 184th state to join the UN Biological Weapons Convention, which has been in place since 1971. Bank für Kirche und Caritas, German founding member of SfC, has been in close exchange with several high-ranking Namibian State[…]

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engage climate

“Making finance work for the climate requires a mix of both effective engagement and exclusion”, explained Lucie Pinson, founder and executive director of Reclaim Finance in a webinar hosted as part of SfC’s winter meeting, on 2 December. Engagement can influence the business models of companies and tackle hard-to-abate yet essential economic activities (e.g. the[…]

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engagement

Five questions to Edmond Schaff, portfolio manager of Sanso Investment Solutions, French member of SfC   Edmond, Sanso has been engaging asset managers on ESG issues for four years now. What is the purpose of your engagement?  Approximately one third of Sanso IS’s assets are invested in funds managed by third party asset management companies.[…]

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gas nuclear

Florence, 15 November 2021   A proposal to bring both nuclear power and natural gas into the EU’s green finance taxonomy is circulating in Brussels, according to media sources. The so-called “non-paper” lays out detailed technical criteria for gas to qualify as a transitional activity under the EU’s sustainable finance rules. Mauro Meggiolaro, coordinator of the European investor network SfC –[…]

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deforestation

On 16 September 2021, after collecting international best practices in the fight against deforestation, SfC Swiss member Ethos has published an Engagement Paper to initially engage seven multinational companies particularly exposed to deforestation risks. “We want to encourage companies to implement concrete and targeted measures to stop the destruction of forests”, says Matthias Narr, Head[…]

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Namibia

Five questions to Tommy Piemonte, head of sustainability research at Bank für Kirche und Caritas (BKC), founding member of SfC   Tommy, in 2020, for the first time your bank has decided to engage with a State, Namibia. Why? Namibia is one of the 14 UN member states that have not yet joined or ratified[…]

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rare matelas

SfC members are satisfied with companies’ responses. But structural problems will have to be addressed soon.   The energy transition cannot happen without rare metals and rare earths. However, they are often extracted in countries at high risk of environmental and human rights violations, such as China or the Democratic Republic of Congo, as evidenced[…]

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norwegian fund rheinmetall

In May 2020, 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 (GPFG or Government Pension Fund Global). They called on the Fund to reconsider its investment in the German defence group Rheinmetall, involved[…]

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Just Transition Strategy

Five questions to Colin Baines, Friends Provident Foundation   Colin, what does “Just Transition” mean?  Our programme of engagement with the energy utilities sector is calling for formal Just Transition strategies to accompany net zero targets and transition plans. A ‘Just Transition’ ensures that social issues are taken into account in moving to a low[…]

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