PRESS CENTRE

Engagement relating to the conflict in Ukraine An update on our engagement efforts 07/03/2022

Institutional investors believe ESG factors are more important than financial metrics when evaluating a company’s long-term attractiveness ESG factors have grown in importance to institutional investors, according to a survey of 100 UK-based institutional investors by Federated Hermes, a global leader in active, responsible investing. 28/10/2021 - Saker Nusseibeh, CBE

EOS at Federated Hermes publishes engagement update for 2021 Our engagement team highlights the key engagement themes for Q2 10/08/2021

Three wishes for tomorrow’s UK Budget Eoin Murray, Head of Investment, shares his three wishes for tomorrow's UK Budget 02/03/2021 - Eoin Murray

EOS at Federated Hermes publishes new Corporate Governance Principles for 2021 EOS at Federated Hermes, the leading stewardship provider, has today published its 2021 UK Corporate Governance Principles. In a letter to 124 listed UK companies, EOS has outlined its expectations across a number of important strategic governance, environmental and social topics. 30/11/2020 - Amy Wilson

Looking into 2021 with Federated Hermes Senior management, the investment floor, EOS and our responsibility office share their outlooks for next year. 19/11/2020 - Saker Nusseibeh, CBE

Federated Hermes calls on companies to halt and reverse biodiversity loss following UN Summit EOS call on companies to halt and reverse the loss of biodiversity following yesterday’s UN Biodiversity Summit. 01/10/2020 - Sonya Likhtman

EOS - Statement on HSBC and National Security Law in Hong Kong Statement from Roland Bosch, Lead Engager - Financial Services, EOS at Federated Hermes 30/06/2020

Solving the plastic pollution problem Aaron Hay, Lead Engager – Fixed Income and Lisa Lange, Engagement Professional for EOS, at the International Business of Federated Hermes, look at the key risks and opportunities for investors in global plastics in their latest paper, ‘Investor Expectations for Global Plastics Challenges’. 22/04/2020 - Aaron Hay

Hermes EOS calls on Alphabet to lead responsible A.I. practice Ahead of Alphabet’s Annual Meeting of Stockholders, Dr Christine Chow highlights the issues she will be raising 17/06/2019

Hermes EOS engages with Deutsche Bank on strategy and control and compliance Roland Bosch highlights continuing questions about Deutsche Bank's strategy ahead of the AGM 22/05/2019

Hermes EOS to raise questions with German automotive manufacturers on climate change related risks Hermes EOS outline voting recommendations and topics raised at German automotive AGMs 14/05/2019

Taking a localised approach to engagement Taking a tailored approach when engaging with companies across countries and industries 23/04/2019 - Hamish Galpin

Greater demand for stewardship sees Hermes EOS and ACSI share engagement insight Hermes EOS will work with the Australian Council of Superannuation Investors to provide engagement services 12/03/2019

Hermes publishes its Gender Pay Report Hermes Investment Management has today published its 2018 Gender Pay Report in accordance with the UK Government Equality Office reporting regulation, which requires employers with 250 or more employees to disclose annually on their gender pay gap. 01/03/2019 - Saker Nusseibeh, CBE

Investing for the climate is good business The evidence on the importance of limiting temperature rises to well below 2°C continues to grow and investors will have a crucial role to play in bringing this about, says Hermes Investment Management in its 2018 Carbon Report. 06/12/2018 - Saker Nusseibeh, CBE

Supply chain and human rights risk management: blockchain and emerging technology 16/11/2018 - Leon Kamhi

Companies must make social license a focus When assessing a company, investors spend a great deal of time examining factors such as its balance sheet, past performance and potential for future growth. 14/11/2018 - Leon Kamhi

Hermes ESG Shows Social Rising Companies with good or improving social characteristics have tended to outperform their lower-ranked peers on average by 15bps per month, according to new research from the Global Equities team at Hermes Investment Management. 13/11/2018 - Geir Lode

How cyber-attacks will change the face of company boards 08/11/2018 - Leon Kamhi

How markets are missing the biggest populist movement of all 29/10/2018 - Saker Nusseibeh, CBE

Hermes EOS highlights governance concerns at alibaba 26/10/2018

Shared interests unite bondholders and shareholders The perceived divergence of priorities between bondholders and shareholders has led some to believe that these investors cannot engage with companies on the same issues. Some – remarkably - even question the legitimacy of bondholders (or other creditors) engaging with companies in the first place. However, given their financial stakes in a company, both types of investors not only have legitimate cause to engage, but also a professional duty to do so. So say, Mitch Reznick, Co-Head of Credit, and Dr. Hans Christoph-Hirt, Head of Hermes EOS, in We Can All Get Along, a new report dispelling myths surrounding joint company engagements between bondholders and long-term shareholders. Writing in the paper, the authors argue that the difference in the payoff profile of equities and bonds is sometimes cited as a reason that bondholders focus less on long-term factors, while shareholders want to see growth. However, there are strategic issues which the pair highlight as being relevant to a company’s current and likely future health and value creation, including the management of ESG (environmental, social and governance) factors. Arguing that although the cash flows from bonds held to maturity will not alter unless operating cash flows are substantially impaired, the authors highlight that unmitigated risks can weaken a company’s ability to fulfil its debt-service obligations. 12/09/2018 - Mitch Reznick