News

The bank has been hit by two financial scandals (Archegos Capital and Greensill) in recent week which have raised questions on its governance and risk management processes. As a shareholder and representative of numerous Swiss pension funds, Ethos has sent to the board of directors questions in relation wi…

Ethos welcomes the bank's decision not to pay variable remuneration and not to ask shareholders to grant discharge to the members of both the board of directors and the executive management for the year 2020. Investigations have also been opened following two financial scandals which expose the bank to sig…

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.

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 N…

Ethos published this Thursday the 20th edition of its voting guidelines and governance principles for the 2021 general meetings. Ethos asks the major emitters of greenhouse gases to publish and submit to shareholders' approval an annual report on their climate strategy and introduces new voting criteria in…

At Credit Suisse Group’s annual general meeting to be held on 30 April 2020, Ethos recommends not to grant the discharge to the bank’s governing bodies, in light of the serious governance failings revealed by the surveillance of the bank’s former managers. Ethos also recommends to oppose the board and exec…

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