EOS history
Founded in 2004 on a legacy dating back to 1983.
Armed with a long-standing history of active ownership, we founded EOS in 2004. Its history is synonymous with the adoption and growth of responsible investment.
Evolution of EOS
1 St Michael was a brand owned and used by Marks & Spencer from 1927-2000.
The late Ralph Quartano, our first CEO, argues publicly: “It is important that St Michael is on the side of the angels1" and stop extending special loans to its directors.
We campaign for FTSE 100 companies to:
- End long-term rolling contracts for directors
- Split CEO and chair roles
Our first team dedicated to engaging companies on corporate governance is established. It grows to focus on companies in the UK, Europe and Japan
We coin the term ‘engagement’ to define our long-term, collaborative work with companies to improve their ESG and strategic performance
EOS at Federated Hermes, our stewardship services team, is established
- We lead the drafting of the PRI and become a founding signatory
- We hold our first AGM intervention outside the UK at Volkswagen
We hold our first Client Advisory Council
First Dutch and Australian clients
- We lead the first proxy fight at a DAX-30 company in Germany
- We sign the UK Stewardship Code
- We relaunch our Responsible Ownership Principles
- We co-convene asset owners and companies in development of the first Remuneration Principles
- Our AUA reaches $163bn
- We hold our first AGM intervention in Asia at Hon Hai Precision Industry
- We provide input into the Japanese and Malaysian Stewardship Codes
- We join the Aiming for A coalition on climate change
- Our AGM intervention and successful engagement leads to management changes at Deutsche Bank
- First US client
- We work as a member of the drafting committee for the Brazilian Stewardship Code
- We publish “Remuneration Principles: Clarifying Expectations”
- We are involved in successful shareholder resolutions at mining companies as part of the Aiming for A coalition
- First Japanese and Swedish clients
- First Belgian client
- Our AUA reaches $496bn
- Federated Investors acquires a 60% stake in Hermes Investment Management
- Leading or co-leading engagements on the most companies in the Climate Action 100+ initiative
- Partnership with ACSI, a highly regarded stewardship provider for Australian asset owners
- EU Shareholder Rights Directive II comes into effect
- Co-author of “Stewardship: the 2020 vision”, with Saker Nusseibeh, CBE, CEO – International, at Federated Hermes and the Responsibility Office
- Our stewardship team expands to include 14 nationalities, 16 languages, and diverse industry and academic experience
- Our AUA reaches US$1bn as of 30 September 2020
Launched new high-spec client portal, EOSi, in response to client feedback
