Will 2023 see the acceleration of ‘engagement washing’? High-profile coalitions such as Nature Action 100+ have been launched in recent months, but some are concerned that engagement is becoming a ‘fig leaf’ to excuse investments in companies facing too high barriers to exit, reported Siri Christiansen on CityWire in December 2022. The latest Climate[…]
Inyova, a digital impact investing platform with offices in Zurich and Frankfurt, joined SfC – Shareholders for Change in December 2022. Founded in Switzerland in 2017, Inyova expanded into Germany in 2021 and is fully licensed for all European markets. The company manages over EUR 170m in assets. Inyova stands for “Invest in your[…]
SfC’s new member Phitrust is specialised in engaging French companies, especially on governance issues, through shareholder resolutions. It has filed 50 resolutions in France since 2000. The most recent successes were achieved in 2022 with Danone and Stellantis, as explained in this interview. Denis, what distinguishes Phitrust’s approach to engagement with companies? We are[…]
The winter meeting of Shareholders for Change was held last December online. The network welcomed two new members, a new chairman and presented new engagement initiatives. The Winter Meeting of the European shareholder engagement network SfC-Shareholders for Change was held in early December 2022. The meeting took place, entirely online, over two days. The[…]
Phitrust, based in Paris, France, has joined the European network for shareholder engagement SfC – Shareholders for Change in October 2022. Phitrust is an independent asset management company, created in 1999. Since 2003, it has focused on the development of a responsible investment strategy around three pillars: promoting ESG best practices within listed companies[…]
Five questions to Andrea Baranes, senior analist at Fondazione Finanza Etica, Italian member of SfC. On 12 October, SfC’s founding member Fondazione Finanza Etica presented the “Fifth Report on Ethical and Value-Based Finance in Europe” at the European Parliament in Brussels. A session was dedicated to the measurement and disclosure of GHG emissions associated[…]
Many SfC members are engaging companies on the risk of Uyghur Forced Labor in global supply chains. Isotope (and DNA) analysis could be a new issue on which to engage the textile industry. A comprehensive shareholder engagement campaign targeting companies potentially exposed (directly or indirectly) to human rights abuses in the Uyghur Region, in[…]
SfC releases updated version of its research An updated version of SfC’s research, released today, includes new data, an improved methodology and the first results of the engagement with companies. International Consolidated Airlines Group exit the list of “aggressive” companies as a consequence. SfC’s research “Pandemic Extractivism”, published in June, identified eight companies that received[…]
Five questions to Julius van Sambeck, managing director of Ethius Invest, Swiss member of SfC. Julius, why did you decide to engage Intel on crypto-mining? Within the scope of the current Crypto-Investment Boom, the most overlooked companies in the space (from a sustainability point of view) are those delivering the “shovels” and providing for[…]
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[…]