“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,[…]
On the 75th anniversary of Hiroshima and Nagasaki bombings, SfC members highlight their opposition to the financing of nuclear weapons. 2020 marks the 75th anniversary of the atomic bombings of the cities of Hiroshima and Nagasaki, on August 6th and August 9th 1945 respectively, in which most victims died without any care to ease[…]
Aggressive tax planning. SfC publishes a report on its engagement with European telecommunication companies The SfC-Shareholders for Change network has published a report on its engagement with European telecommunication companies today, during its online summer meeting. The engagement, that lasted 18 months, has been focussed on tax related issues, following the publication of SfC[…]
SfC made a donation to Tax Justice Network after hosting a seminar of its expert Tommaso Faccio In a seminar that was held in Madrid last December, Tommaso Faccio, researcher in the field of corporation tax at the Nottingham University and co-founder of Tax Justice Italia, explained to SfC members how the most recurrent[…]
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[…]