EOS at Federated Hermes Limited selected by AP Pension

EOS at Federated Hermes Limited (EOS), one of the world’s largest stewardship service providers, has been appointed by €23bn AUM Danish pension company, AP Pension, to provide engagement, voting and public policy support across the fund’s corporate equity and bond assets.

EOS’s constructive engagements with corporate boards and executives on environmental, social, governance and strategic issues enable institutional investors such as AP Pension to be a more active owner of its equity and fixed-income assets, supporting stronger financial performance and better outcomes for the environment and society.

Founded in 2004 with a legacy dating back to 1983, EOS advises more than $1.4tn of assets to deliver corporate engagement and proxy voting services. With almost half of its engagements now more than nine years in duration, EOS is committed to realising positive, long-term change.

This announcement continues EOS’ strong growth momentum in the Nordics, where it continues to expand its local presence, representing a portfolio of €52bn Danish assets .

Howard Risby, Regional Lead – UK & Europe Engagement, EOS at Federated Hermes Limited commented: “As calls for a just transition intensify, it is now more important than ever that we contribute to a global financial system that delivers more sustainable outcomes for the environment and all members of society, while offering long-term returns for investors. Through active stewardship and meaningful engagement, our services seek to protect and enhance the value of our clients’ assets, and safeguard their reputation, supporting stronger financial performance and enhanced outcomes. We look forward to working with AP Pension and engaging in meaningful dialogue with the companies across its corporate equity and fixed income portfolios on a range of ESG themes including climate related issues and biodiversity loss.”

Anna Maria Fibla Møller, Head of Responsible Investments at AP Pension, said: “Active ownership is a cornerstone of our work with sustainable investments and an important tool to enhance our overall investment approach. We believe that through engagement with companies we can both mitigate negative impacts of our investments on people and the planet as well as identify key ESG risks that may have long term effects on return perspectives. We look forward to a mutually beneficial collaboration with EOS as we continue striving to deliver high investment returns and long-term value for all of our clients.”