Shareholders Confront Inditex at AGM Inditex air freight emissions were at the centre of strong criticism during the company’s 2025 Annual General Meeting. On 15 July 2025, Fondazione Finanza Etica (FFE), the Italian member of Shareholders for Change (SfC), participated remotely in Inditex’s Annual General Meeting. During the meeting, FFE analyst Mauro Meggiolaro raised[…]
Shareholders for Change (SfC), a European network of institutional investors committed to responsible and active ownership, expresses deep concern regarding the US Securities and Exchange Commission’s recent policy decision to allow companies to exclude shareholder proposals from proxy materials without obtaining the regulator’s prior substantive review or approval, in most cases. This shift marks a[…]
Etica Funds, Italian member of SfC , in collaboration with the international coalition Stop Killer Robots, has issued an urgent call to the global financial community: it’s time to promote international regulation of autonomous weapon systems. Rising geopolitical tensions are fueling a new technological arms race, characterized by the deployment of emerging military technologies – drones,[…]
Shareholders for Change (SfC) is honored to announce its participation in the Interfaith Center on Corporate Responsibility (ICCR) Fall Conference 2025. SfC is particularly pleased to join this year’s ICCR conference, as the network itself was founded taking inspiration from ICCR’s pioneering work. During the ICCR Fall Conference 2025, a dedicated session will be held in[…]
Shareholders for Change (SfC) has joined a coalition of civil society organisations, financial institutions, and experts in urging the European Commission to strengthen the Sustainable Finance Disclosure Regulation (SFDR). In an open letter published on September 30, coordinated by Reclaim Finance, over 120 signatories—including EU and non-EU NGOs, financial institutions, corporate actors, academics, and climate experts—called on the Commission to exclude companies developing new[…]
Disarmament and arms limitation are essential to enhancing international peace and security, as well as for the economic and social advancement of all peoples. For this reason, weapons and the defence sector are one of the recurrent engagement issues for SfC members. During the summer meeting hosted in Milan, SfC members had the opportunity to present ongoing projects regarding the arm sector,[…]
The SfC Summer Meeting 2025 provided an opportunity for in-person active engagement with Pirelli and to continue the discussion among SfC members of the critical shareholding working group. The engagement with Pirelli Pirelli & C. S.p.A. is an Italian multinational based in the city of Milan and one of the largest tyre manufacturers. During the meeting,[…]
On June 5th and 6th, Shareholders for Change members gathered in Milan for our two-day annual summer meeting, kindly hosted by Etica Funds. Day 1 focused on corporate engagement and sector-specific deep dives. We began with a session featuring representatives from Pirelli, who presented the company’s profile, governance challenges, and ESG strategy. Next, Luca Riganelli from the UN-PRI introduced Spring, a stewardship[…]
It’s a critical moment for responsible investment and corporate accountability. Recent developments in both the United States and Europe threaten the progress we have made in advancing sustainability standards and shareholder rights, posing serious risks to both financial stability and long-term value creation. In the United States shareholder rights might be significantly restricted by recent initiatives from some legislative bodies. In Europe, newly proposed significant revisions to key[…]
In an increasingly unstable international context, where not a day goes by without the media reporting new military escalations — including increasingly explicit nuclear threats — the growing spread of conflicts highlights how urgent it is to affirm peace not only as an ethical and political value, but as a fundamental human right that must be recognized, protected[…]