Public Engagement Report, Q2 2022

Fast Reading Why companies need to step up scrutiny of their supply chains What oil and gas producers and pipeline operators should be doing to curb wasteful and harmful methane emissions How shareholder proposals on social issues dominated this year’s voting season Runaway fuel and food prices have pushed many people closer to the brink […]

EOS Stewardship Report 2021

EOS at Federated Hermes publishes Stewardship Report 2021. Monitoring engagement outcomes is crucial, to ensure that our approach is effective and achieving the desired results. This year’s report includes expanded sections on our diversity, equity and inclusion approach, and on how we are responding to market-wide and systemic risks. As a service provider, we contribute […]

LyondellBasell case study

View of factories at dusk

Fast reading We welcomed the company’s release of its climate strategy, setting a Scope 1 and 2 net-zero ambition for its global operations. We continue to engage with LyondellBasell on its pathway to net zero including Scope 3 emissions and climate lobbying. EOS has engaged with the multinational chemical major, LyondellBasell Industries NV (LyondellBasell), on […]

Petrobras case study

Petrostation on the ocean

Fast reading We discussed the effectiveness of Petrobras’ new framework, especially the conglomerate audit committee, currently covering 15 of Petrobras’ subsidiaries. We gained assurance that the improved governance of subsidiaries has led to better oversight on nomination, compliance and audit, as well as improved operational efficiency at the subsidiary level. Petrobras is one of the […]

Creating value by addressing social injustice

People shaking hands

Social injustice occurs when people do not have access to the same rights and opportunities afforded to others, due to race, ethnicity, gender, sexuality, religion, disabilities or other characteristics. Examples include inequitable access to employment, education, housing, health services and finance; negative stereotypes; and poor and marginalised communities’ greater exposure to pollution and climate change. […]

The digital dilemma

Woman in a 3D googles

The powerful internet communications and technology (ICT) sector has had significant transformative effects on other sectors and people’s daily lives. But in addition to the positive impacts, such as increasing access to information and services, this has led to unexpected harms and new challenges. These include the spreading of hate speech and the dissemination of […]

Litmus test for chemical sector decarbonisation

Litmus test paper

Chemicals are essential inputs for many industries, with chemical use pervasive and entrenched in the modern world. But like the steel industry, the chemical sector is considered “hard-to-abate”, meaning that the solutions to reduce emissions are either technically challenging, prohibitively expensive, or both. Decarbonisation of the energy sources used to generate the heat, steam and […]

Public Engagement Report Q1 2022

Laboratory glassware microscope test tubes

In our cover feature this quarter we take an in-depth look at the chemical sector and its difficult path to decarbonisation. Like steel, which we explored in our Q2 2021 Public Engagement Report, the chemical sector is considered a hard-to-abate industry. US engager Joanne Beatty guides us through some of the challenges and explains how […]

How regenerative agriculture can sow the seeds of change

A young farmer walking and carrying a crate full of fresh produce at his farm

Fast reading Regenerative agriculture practices improve soil health, biodiversity and watersheds in addition to enhancing ecosystem services. Companies should set targets to source ingredients from regenerative agriculture and work with farmers to implement the change. A true regenerative strategy should also address the social issues of inequity within agriculture. Widespread use of fertilisers and pesticides […]

Air Liquide case study

Air liquide in the mountains

Fast reading Air Liquide has accelerated its ambitions with key commitments on climate. We welcome the key announcements made during the sustainability strategy day, but since Scope 3 emissions represent approximately 40% of the company’s total emissions we continue to press for a long-term goal across the entire value chain with interim targets. EOS has […]