Thanks to the succesful engagement, Carrefour will publish Scope 3 emissions data in the universal registration document and establish an action plan concerning emissions from franchised shops Shareholders for Change member Phitrust federated fellow member Ecofi and 9 other shareholders, representing 1.1% of Carrefour’s capital. Together, they had an item placed on the agenda regarding the climate[…]
Photo: ICAN | Aude Catimel SfC member Etica Sgr seeks signatories for Nuclear Weapons Abolition Pledge In June 2022, SfC’s member Etica Sgr took part in the first meeting of states parties to the Treaty on the Prohibition of Nuclear Weapons (TPNW), where it presented a statement signed by more than 30 investors and[…]
On June 6th and 7th, the members of SfC gathered at the headquarters of Etica Sgr in Milan for our annual summer meeting. The two days brought promising prospects for the development and growth of the network. Several key proposals were put forth to advance our mission, including: Developing new strategies to foster cooperation between[…]
Catastrophe bonds (CAT bonds) transfer part of the risk of natural disasters assumed by insurance companies to the capital markets. As a result, CAT bonds can have a certain positive effect from a sustainability perspective. However, for this sustainability contribution, the condition must be fulfilled that the insurance policies underlying the CAT bonds cover sustainable insurance purposes such as[…]
Significant success of Ethius’ engagement on Intel Chipmaking heavyweight Intel is ending production of its bitcoin mining chip series, the company said in a statement to CoinDesk on 18 April. “As we prioritize our investments in IDM 2.0, we have end-of-lifed the Intel Blockscale 1000 Series ASIC [application specific integrated circuit] while we continue to support[…]
Joint shareholder engagement with 142 companies. Focus on climate change, human rights and ESG policies. SfC – Shareholders for Change, European network for investor engagement founded in 2017, released its engagement report 2022 today. In 2022, the 15 members of the network, with a total of over €35bn AUM, jointly engaged 142 companies and[…]
WHEB Asset Management, based in London, UK, has joined the European network for shareholder engagement SfC – Shareholders for Change in April 2023. WHEB is an independent asset management company, created in 2009. It draws its roots from deep within the ethical and socially-responsible investment movement and is exclusively dedicated to sustainable and impact[…]
GLS Investment Management GmbH, the fund subsidiary of GLS Bank has joined Shareholders for Change. Our network has now 16 members located all across Europe, with ca. €35bn in assets under management. “We are very much looking forward to the collaboration. We share the same values and have already been working together trustfully in[…]
ClientEarth yesterday filed a world-first lawsuit against the Board of Directors of Shell for failing to manage the material and foreseeable risks posed to the company by climate change. The lawsuit alleges Shell’s 11 directors have breached their legal duties under the UK Companies Act by failing to adopt and implement an energy transition[…]
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[…]