The Responsibility Office: Supporting sustainable wealth creation
At Federated Hermes Limited, we believe the purpose of investment is to create wealth sustainably for investors over the long term. Sustainable wealth creation should provide investors with income to spend as they get older, an ability to buy goods and services, and help to build a world in which investors are happy to live. […]
The COP conundrum
We need only take a cursory check of global weather in recent months to remind ourselves of the consequences of climate change. Over the summer, record temperatures in parts of the US, in southern Europe and in China affected the lives of an estimated 110 million people who regularly experienced temperatures above 40°C. In May and […]
Spectrum Q3 2023: No robots were harmed in the making of this report
In a 1962 collection of short stories, sci-fi sage Arthur C Clarke postulated his third law, that “any sufficiently advanced technology is indistinguishable from magic”. Now, as we push through the second decade of the 21st century and into a future seemingly set up for AI, Clarke’s law appears more apt than ever. Through the […]
Investor dissension mounts as temperatures rise
Shareholders continued to call for change at companies this year, bringing a raft of proposals in the US and Europe on collective bargaining rights, climate lobbying, child safety in the digital realm, animal welfare, racial equity and tax transparency. Executive compensation also came under scrutiny as the cost of living crisis continued. Meanwhile, as Europe […]
Japanese reforms ignite investor optimism
Shareholder activism has been on the rise in Japan over the last few years, as institutional investors have grown increasingly frustrated with some companies’ poor governance practices and the slow pace of change. High-profile scandals, such as that at Toshiba, have heightened the pressure on companies to be more responsive to shareholders. Now an update […]
A deadly harvest?
Synthetic pesticides, including herbicides and insecticides, are designed to kill insects, weeds, fungi or other pests, to protect crops, increase food production and reduce the risk of famine. However, the human health and environmental risks associated with particular chemical compounds have been well documented, perhaps most famously in Rachel Carson’s 1962 book, Silent Spring. Carson’s […]
Why forever chemicals aren’t going away
We encounter a host of synthetic chemicals in our daily lives, although many of us are unaware how dangerous they can be to our long-term health. There is particular concern about the persistence of certain synthetic long-lasting chemicals called PFAS, which break down very slowly over time, if at all. These substances contain a strong […]
Public Engagement Report Q2 2023
Fast reading Widespread use of synthetic pesticides to protect crops and boost yields poses risks to the environment and human health How the latest Japanese corporate governance reforms can help drive shareholder value Climate lobbying, collective bargaining and tax transparency among the issues addressed by shareholder proposals this voting season Chemicals and pesticides have been […]
Techtronic Industries case study
In the supply chain, the company is exposed to human rights risks through the cobalt mining process, a key mineral in batteries that power wireless appliances. Initially, it did not have a dedicated cobalt procurement policy, and we perceived the company to have insufficient disclosure of its supply chain management methods and performance indicators. In […]
German automotive engagement on climate lobbying
Many automotive companies have set emissions reduction targets focused on a shift to electromobility – but to implement this effectively, a supportive policy environment is essential. In the video below, Lisa Lange dives into her engagement work with Volkswagen, Mercedes-Benz and BMW, discussing how automotive companies must align their direct and indirect lobbying activities with […]
