Fighting Deforestation: Ethos sets out its expectations towards companies

Ethos has collected international best practices in the fight against deforestation and summarised them in an Engagement Paper published today. On behalf of the 71 members of its international shareholder dialogue programme, Ethos will initially engage 7 multinational companies particularly exposed to deforestation risks to encourage them to implement concrete and measurable measures to stop the destruction of forests.

«Say on Climate»: LafargeHolcim addresses a request from Ethos

LafargeHolcim announced today that it has agreed to Ethos' request to prepare a climate transition report and to submit it to an advisory shareholder vote at its 2022 annual general meeting (AGM). Ethos welcomes the board's decision to involve shareholders in the validation of its climate strategy.

«Say on Climate»: Nestlé meets demand of Ethos

Over the last few months, Ethos Foundation has held numerous discussions with the boards of Nestlé and LafargeHolcim with the aim of encouraging them to voluntarily submit their climate transition plans to a shareholder vote. After Ethos and seven Swiss pension funds submitted a shareholder resolution at Nestlé's annual general meeting (AGM), the board of directors announced on Tuesday 16 March that it would submit its climate strategy to an advisory vote at the AGM on 15 April 2021. Following this welcome decision, Ethos withdrew its shareholder resolution. Discussions with LafargeHolcim are ongoing and the company will announce its decision in the coming weeks.

Publication of the 2020 activity reports of the Ethos Engagement Pools

Ethos published this Wednesday 10th of March the 2020 summary reports of its engagement programs. These reports present the dialogues carried out by Ethos with listed companies, whether to address environmental, social or governance (ESG) issues. Detailed reports are only available for members of the pools.

Digital corporate responsibility: 7 expectations of Ethos

In conjunction with the Swiss Digital Days 2020, the Ethos Foundation publishes an "Engagement Paper" which summarises its expectations in terms of digital corporate responsibility. At a time of galloping digitalisation of the economy, accelerated by the Covid-19 pandemic, Ethos considers that companies must be more transparent and responsible in the way they manage the many challenges related to digitalisation. 

Ethos supports the Workforce Disclosure Initiative requesting more workforce transparency

On April 30, 2020 the Workforce Disclosure Initiative (WDI) released its 2019 annual report. Coordinated by ShareAction and supported by more than 130 investors, including Ethos and the members of the Ethos Engagement Pool International, this initiative calls for greater transparency by listed companies regarding the management of workers in their direct operations and supply chains. An additional 28 of the targeted companies agreed to complete the WDI questionnaire in 2019 bringing the total number of responding companies to 118.

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