JD.com case study
JD.com is a leading Chinese supply-chain-based technology and service provider, and is one of the largest e-commerce companies in the world with over 580 million annual active customers. In engagements with the company from 2018, we have raised our expectation for the separation of the roles of CEO and chair of the board, and questioned […]
Alibaba case study
We have engaged with Alibaba on corporate governance since 2015 and ESG strategy and reporting since 2017. With respect to the former, we first raised concerns about lack of shareholder communications in 2015 and insufficient board and committee independence in 2016, which the company acknowledged. Between the years 2018 to 2021, we engaged with the […]
Delta Electronics case study
We first engaged with Delta Electronics in 2020 when it was yet to commit to a longer-term net-zero target. It also had a significant proportion of migrant workers from Southeast Asian countries working in Taiwan and we were concerned about the human rights issue in the foreign migrant workers’ recruitment process. The company also had […]
LandMark Optoelectronics case study
LandMark Optoelectronics engages in the research, design, manufacture, and sale of laser epitaxial wafers and optoelectronics wafers. It specialises in the manufacture of wired communications machinery and equipment, and electronic components. We started our engagement with LandMark Optoelectronics on climate data disclosure and target-setting in 2018 by regularly meeting with the CFO. We requested the […]
Animal farming and ESG: a sector where some are more equal than others
The animal farming industry entered the pandemic widely regarded as an ESG laggard: a sector noted for its high greenhouse gas emissions, unethical treatment of livestock, and intensive land and water use, and a leading global cause of deforestation. The Farm Animal Investment Risk and Return (FAIRR) initiative found the industry has done ‘too little […]
The spoils of the pandemic: in this together?
The annual publication of the Forbes rich list has become a much-followed media ritual, however, in 2022, the unveiling of the list served as a stark reminder – for those who cared to see it – of the asymmetrical impact of the pandemic. The world’s 10 richest men more than doubled their fortunes during the […]
The biodiversity domino effect
The common goods of nature There is growing awareness in the financial sector of the interlinked climate and biodiversity emergencies, and the potential impacts on economies and markets. Research suggests over 50% of global GDP is highly or moderately dependent on nature¹. Failure to act on these issues could result in collapsing food systems and […]
Federated Hermes Stewardship Report 2021
Federated Hermes Limited is a leader among its global peers in the degree and transparency of its reporting on the stewardship imperative. Monitoring engagement outcomes is crucial in ensuring our approach is effective and achieves the desired results. This year’s report does exactly that – with expanded sections on our collaborative engagements, and on how […]
LyondellBasell case study
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
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 […]
