Stewardship
The 2020 vision
Coming of age
15 years of stewardship services with Hermes EOS
Hermes EOS calls on Alphabet to lead responsible A.I. practice
Ahead of Alphabet’s Annual Meeting of Stockholders on Wednesday 19 June, Dr Christine Chow, Director of Hermes EOS, Hermes Investment Management, highlights the issues she will be raising when she addresses the event, including calling on the company to strengthen Board oversight in its use of artificial intelligence (A.I.). Dr Christine Chow explained: “The power […]
Hermes EOS engages with Deutsche Bank on strategy and control and compliance
Ahead of the Deutsche Bank annual general meeting on Thursday 23 May 2019, Roland Bosch, Senior Engager for Hermes EOS at Hermes Investment Management, highlights the continuing questions about Deutsche Bank’s strategy and its control and compliance functions, and outlines Hermes EOS’ voting recommendations. Hermes EOS has had extensive engagement with Deutsche Bank since 2009 […]
Investors‘ expectations on responsible artificial intelligence and data governance
We propose a structured approach for investors to engage on AI and data governance based on six core principles and have set out a common framework across sectors. We welcome input to further develop the principles and engagement framework, as our collective experience and thinking on this important topic grows. Investors‘ expectations on responsible artificial […]
Five misconceptions of company engagement
The role of an investor in addressing and improving a company’s environmental and social impact through engagement, is being increasingly recognised. However, it remains a young phenomenon for most and therefore many myths around approaches to engagement and a company’s willingness to change exist. In this note, Will Pomroy, Lead Engager of the Hermes SDG Engagement […]
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. Climate change is fast becoming a central theme for investors, both in terms of the risks it […]
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. However, many investors overlook a factor which is becoming increasingly important: social licence. Leon Kamhi, Head of Responsibility at Hermes Investment Management, discusses how a company needs to think about the […]
How cyber-attacks will change the face of company boards
Leon Kamhi, Head of Responsibility, Hermes Investment Management: In recent months, some of the UK’s largest companies have suffered major data breaches or significant technical issues which have resulted in disruption for stakeholders, including customers, staff and investors. When these events occur, consumers are the first to be hit by having their data compromised or […]
We can all get along
In this two-part paper, we assert that the shared interests of bond and shareholders in companies provide incentives to jointly engage companies – and generate positive outcomes by doing so. In this first instalment, we dispel the fallacy that the imperatives of bond and shareholders typically diverge, and argue that their common standing as financial […]
