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[…]
A new research by SfC shows that a number of listed companies received State aid during the pandemic while adopting aggressive capital allocation strategies, e.g. paying high dividends or cutting workforce. The SfC network will engage the companies identified in the research in the coming months. According to the research “Pandemic Extractivism”, led by[…]
“Making finance work for the climate requires a mix of both effective engagement and exclusion”, explained Lucie Pinson, founder and executive director of Reclaim Finance in a webinar hosted as part of SfC’s winter meeting, on 2 December. Engagement can influence the business models of companies and tackle hard-to-abate yet essential economic activities (e.g. the[…]
Five questions to Edmond Schaff, portfolio manager of Sanso Investment Solutions, French member of SfC Edmond, Sanso has been engaging asset managers on ESG issues for four years now. What is the purpose of your engagement? Approximately one third of Sanso IS’s assets are invested in funds managed by third party asset management companies.[…]
Joint shareholder engagement with 105 companies. Focus on climate change, human rights and tax transparency. Aurélie Baudhuin, president of SfC: «In 2021 we continued to be a driver of innovation in the engagement with companies, governments and asset managers. SfC confirms itself as a boutique for all-round engagement» SfC – Shareholders for Change, European[…]