SfC engagement will now escalate to AGM «We strictly adhere to the principles, guidelines and policies of the German government for any kind of production or export [of weapons].». This was the answer of the German corporation ThyssenKrupp to the questions of a number of investors, led by SfC – Shareholders for Change, asking[…]
Three questions to Aurélie Baudhuin, president of SfC-Shareholders for Change On 23 February, Shareholders for Change has co-signed a global investor statement in support of an effective, fair and equitable global response to Covid-19, including through fully financing the “ACT Accelerator partnership”, launched by WHO and partners. The about 150 institutional investors who signed[…]
Institutional investors have a fiduciary duty to take climate risks into account when constructing and managing their portfolios. They therefore expect climate change to be an integral part of the governance and strategy of the companies in which they are invested. It is in this respect that some shareholders now demand that companies prepare[…]
“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[…]
“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.[…]
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[…]
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,[…]
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[…]
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[…]
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,[…]