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[…]
Today February 25th 2021, the German government’s Sustainable Finance Advisory Council presented its final report “Shifting the trillions. A sustainable financial system for the great transformation“. The report, that includes 31 recommendations, shows how capital markets can contribute to sustainable development in the best possible way. One of the recommendations (number 31) refers to the[…]
Shareholders for Change welcomes SANSO IS as new member SANSO Investment Solutions, French independent boutique dedicated to responsible investment has joined the European network for shareholder engagement Shareholders for Change (SfC). The network, created in December 2017, has now 12 members with € 30bn assets under management (AUM). “By welcoming Sanso IS, SfC confirms[…]
“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.[…]
Our engagement report is focused on tax justice, climate change and human rights. Aurélie Baudhuin, president of SfC: «In 2020 we have been a driver of innovation despite the pandemic, filing the first climate resolution ever in France or engaging a sovereign country on biological weapons. SfC confirms its pioneering role as engagement network».[…]
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,[…]