Disputes proliferate in fractious vote season
Shareholders attempting to exercise their rights found themselves frustrated this vote season as recalcitrant companies pushed back on investor escalation. Meanwhile, proxy contests increased in the US following regulatory changes, allowing shareholders to consider dissident nominees alongside the company’s preferred options, with a high-profile three-way battle at Disney. Biodiversity made a strong showing via resolutions […]
Engaging on demand-side climate solutions
Engagement with fossil fuel companies – “supply-side” engagement – has been a cornerstone of EOS’s climate change engagement over the last decade. In this time, oil and gas majors have committed to ambitious methane reduction targets, a greater consensus on coal phase-outs has been established, and at COP28 there was an unprecedented reference to transitioning […]
The value of transition planning
Shareholder votes on company climate transition plans are now a key feature of the AGM season in major markets, but the ‘say-on-climate’ is still in its infancy. As a consequence, it is complex for investors to analyse a company’s climate risks and opportunities. To tackle this challenge, EOS has developed a framework to enable all […]
Is the end in sight for animal testing?
Companies are often reluctant to disclose the extent of their involvement with animal testing. But a changing regulatory and risk backdrop, coupled with the growing advantages of alternatives, indicate that treating pharmaceutical animal testing only as an ethics-based issue is unsustainable. Some 90% of drugs that pass preclinical tests ultimately fail, and the biological differences […]
EOS at Federated Hermes wins ICGN Excellence in Stewardship Award
EOS at Federated Hermes has won the Excellence in Stewardship Award at the International Corporate Governance Network’s 2024 Achievement Awards, for its pioneering systemic engagement approach to reducing methane emissions. This work has been led by Diana Glassman with support from engagers across the EOS regional teams. EOS has engaged meaningfully on reducing operational methane […]
Public Engagement Report Q2 2024
Fast reading Changes to regulatory regimes are removing some longstanding requirements for drugs to be tested on animals. EOS has developed a framework to help investors identify a high-quality climate transition plan. How we use insights from our fossil fuel engagements to strengthen our climate discussions with companies for demand-side solutions. Animal testing is a […]
EOS North America – engagement approach and highlights
Our EOS North America team is comprised of a diverse set of individuals with relevant experience in banking, investment management, sciences, academia and non-governmental organisations, as well as a PhD holder and public board members. Through the team’s various backgrounds, having lived, worked, and gained professional experience and subject matter expertise in the North American […]
Local banks lead on physical climate risk
Fast reading Physical climate risk will vary across a country, with each house having its own physical risk profile, impacted by its unique build quality, positioning, location, and dependence on natural capital. The dispersed nature of physical climate risk favours local banks as they are able to focus their assessment on specific and localised categories […]
Goodyear case study
Background The Goodyear Tire and Rubber Company (“Goodyear”) is one of the largest tire-producing companies in the world and we have engaged with it on upstream and downstream climate-related risks since 2019. More than 90% of greenhouse gas emissions related to Goodyear’s products and services are realised during the product-use phase, specifically due to fuel […]
LyondellBasell case study
Background We have engaged with the multinational chemical major, LyondellBasell Industries (LyondellBasell), on climate change since 2017. As part of Climate Action 100+ (CA100+), a collaborative engagement of more than 370 investors and their representatives seeking greenhouse gas emissions reductions from the world’s largest emitters, we co-lead engagement with the company. This case study serves […]
