EOS Stewardship Report 2022

Fast Reading Expanded section on the training offered to team members and an update on our diversity, equity and inclusion strategy. Focus on our approach to engaging on the cost of living crisis, and our CA100+ activities. In 2022, a host of geopolitical and macroeconomic factors combined to threaten the fragile recovery from the pandemic. […]

Appetite for destruction

Cattle ranchers have been responsible for clearing great swathes of virgin rainforest in Brazil in recent years. According to the World Resources Institute, over 40% of the global tropical primary forest loss in 2021 occurred in Brazil, a total of 1.5 million hectares. This was attributed to forest fires and agricultural expansion, with deforestation for […]

Public Engagement Report Q1 2023

Fast reading Cattle ranching remains the main driver of deforestation in the Amazon with land cleared for grazing Why companies should be accounting for climate risk Engaging on gender equity and eliminating sexual harassment from workplaces The Amazon rainforest represents nearly a third of all the tropical rainforest remaining on Earth. But deforestation has increased […]

Mercedes-Benz case study

Auto industry associations have significant influence over policy and regulation. For the auto industry to achieve its stated net-zero ambitions in line with a 1.5°C pathway, it is important that all lobbying efforts including those of trade associations, are aligned to this ambition. We have engaged with Mercedes-Benz Group since 2007 and are one of […]

Volkswagen case study

In September 2015, the company was found to have programmed cars to undermine laboratory emissions testing for NOx emissions, known as the ‘dieselgate’ scandal. This resulted in the company facing lawsuits and having its brand tarnished, resulting in a significant drop in share price and costs estimated to be $35bn[1]. We identified that underlying company […]

BMW case study

We have been engaging with the company since 2008 and are also the Climate Action 100+ engagement co-lead. Our engagement focus with BMW has been two areas: its electric vehicles strategy and its public policy advocacy. We have engaged consistently on these issues over a five-year period, demonstrated by a site visit and multiple in-person […]

Pfizer case study

Political and lobbying activities should be consistent with a company’s purpose and strategic objectives. Investors need reassurance that the expenditures and activities made to or with a third-party organisation are aligned with the stated public policy positions of the companies of which they are shareholders. We have engaged with Pfizer on enhancing transparency around its […]

Stewardship navigating a polarised world

Fast reading EOS integrated cost-of-living engagements into its wider stewardship programme, asking companies to provide an assessment of the impacts on their business model and their stakeholders. We continued our leading work on biodiversity, advocating for an ambitious Global Biodiversity Framework. It is critical for all in the investment industry to remain focused on delivery […]

EOS Engagement Plan 2023-2025

We review our engagement plan every year to ensure it is up to date and reflects client priorities. For 2023, we will continue our focus on the most material drivers of long-term value, with a focus on four priority themes: Climate change action: The current energy trilemma – an overlap of accelerating climate change, challenges […]

What does COP15 mean for investors and companies?

Fast Reading Global Biodiversity Framework includes four goals for 2050 and 23 targets. We advocated for the framework to require the alignment of public and private financial flows with biodiversity goals and targets. To support the implementation of the GBF, companies must reduce their contribution to the five main drivers of biodiversity loss. Hopes were […]