Social issues rise up voting season agenda

This year we saw record numbers of shareholder proposals at major US companies, including many on social issues, against a backdrop of soaring inflation and a tumultuous political environment. These covered topics such as paid sick leave, employee representation on boards, reproductive rights risks, unionisation, and animal welfare, some of which were supported by high-profile […]

Money to burn?

Methane accounts for about 20% of global greenhouse gas emissions, but is more effective than carbon dioxide at trapping heat in the atmosphere over the short term. So curbing methane emissions this decade would buy valuable time for big carbon-emitting sectors to find viable solutions. The importance of methane was recognised at COP26 when the […]

The wages of fear

Runaway fuel and food prices, and the Covid-19 pandemic, have pushed many people closer to the brink of destitution over the last two years. The climate crisis is also negatively impacting working conditions for millions of people around the globe. Low-income outdoor workers, such as those employed in agriculture or construction, are especially vulnerable to […]

The modern meal deal: a constant craving

Our global food systems are dysfunctional – obesity has nearly tripled since 1975, yet undernutrition and micronutrient deficiencies remain. In developed countries, unhealthy, ultra-processed food can be cheaper than healthy, raw ingredients, while Russia’s invasion of Ukraine has sparked food price inflation that is squeezing household budgets around the globe. However, the growing demand for […]

Why companies need a just transition plan

The importance of aligning with the Paris Agreement to help limit global heating is widely understood, but few realise that considering the social impact of the net-zero transition is part of this. Yet the sweeping systemic change needed to address the climate crisis will only be achieved by ensuring that those most negatively affected are […]

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. […]