Stewardship: a coming of age
2025 Outlook
LyondellBasell case study
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
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 […]
Air Liquide case study
Fast reading Air Liquide has accelerated its ambitions with key commitments on climate. We welcome the key announcements made during the sustainability strategy day, but since Scope 3 emissions represent approximately 40% of the company’s total emissions we continue to press for a long-term goal across the entire value chain with interim targets. EOS has […]
Starbucks case study
Fast reading Starbucks has made positive steps towards meeting our expectations for sustainable packaging and diversity and inclusion. It has pledged to use 5-10% recycled content across all plastic packaging by 2025 and to take action for 100% of plastic packaging to be reusable, recyclable or compostable by 2025. The company has also appointed a […]
Baidu case study
Fast reading EOS engagement contributed to the company’s understanding of best practice human capital management, leading to improved disclosure. We continue to follow up with the company on the mechanism developed to ensure continuous improvement on talent management and progress the company is making. We will encourage the company to continue to make annual disclosures […]
Amazon case study
Fast reading Amazon has committed to be 100% net zero across its operations by 2040 and continues to improve sustainability reporting aligned to its business strategy. EOS welcomes the company’s greater willingness to engage with us and other stakeholders recently and its positive response. Amazon’s scale means that it has an important influence across employment […]
Adidas case study
Fast reading Adidas has achieved certification from the Science-Based Targets initiative (SBTi), affirming that its emissions reduction targets are aligned with a 1.5°C scenario. EOS continue to engage with the company on its circularity strategy. Technological and business model innovation is urgently needed to address climate change and environmental impacts of apparel and footwear. We […]
DBS case study
Fast reading EOS communicated to DBS investor concerns about sustainable palm oil production and pressed for an improved palm oil financing policy for existing borrowers. We were pleased to see DBS improved its palm oil financing policy for all customers, requiring a “No Deforestation, no Peat, no Exploitation” commitment, or principles and criteria of the […]
BAE Systems case study
Fast reading BAE Systems has accelerated its societal and environmental ambitions with key commitments regarding its workforce and climate. Like many of its peers in the aerospace and defence Industry, BAE has a highly experienced workforce that is nearing retirement. This presents an opportunity to reshape the workforce by diversifying and upskilling alongside the risk […]
