Ethos Foundation and the members of the Ethos Engagement Pool International are founding signatories of the Climate Action 100+ initiative, a five-year, investor-led initiative supported by 225 investors across the globe. Climate Action 100+ will engage the world’s 100 largest corporate greenhouse gas emitters to curb emissions across their value chains, strengthen climate-related financial disclosures, and improve the governance of climate-related risks that may affect companies.
Human Rights: Ethos and other global investors successfully push global apparel brands to improve working conditions in Bangladesh
Four years ago, in the aftermath of the Rana Plaza tragedy, the ‘Accord’ on Fire and Building Safety in Bangladesh (the ‘Accord’) created a five-year, legally binding framework for factory inspections aiming to identify and remediate unsafe working conditions in Bangladesh’s textile industry. By publishing an Investor Statement on the 4th Anniversary of the Rana Plaza tragedy this spring, a coalition of global institutional investors, amongst whom Ethos and the members of the Ethos Engagement Pool International, pushed heavily for a prolongation of the ‘Accord’ until all remediation measures are completed.
The Ethos Engagement Pool (EEP), launched in 2004 by Ethos and two pension funds, today consists of 130 institutional investors with AUM of 21 billion CHF in Swiss equities. United around Ethos, these institutional investors are convinced that engaging with companies is an efficient means for sensitizing them to best practice in corporate governance and environmental and social responsibility.
Investors release statement in response to the September 2016 Tampaco Foils Ltd. factory fire/building collapse in Bangladesh
On September 10, 2016 a boiler exploded at the Tampaco Foils Ltd. factory in Bangladesh causing a fire and building collapse that took the lives of 35 workers and injured over 50 more.
Ethos and six Swiss pension funds are launching an engagement programme with companies listed abroad, the Ethos Engagement Pool International (EEP International). Following the success of the dialogue programme with companies listed in Switzerland, the aim is to extend the dialogue activities to the international level. Through collective engagement, the members of the group seek to raise awareness of companies with regard to corporate governance, as well as environmental and social responsibility best practice.
Ethos publishes an Engagement Paper addressed at listed companies which summarizes investor expectations regarding climate change risk management. Despite the urgency of the issue, currently less than half of the companies listed on SIX Swiss Exchange publish their greenhouse gas emissions.
The Ethos Engagement Pool (EEP), launched in 2004 by Ethos and two pension funds, today consists of 125 institutional investors with AUM of 17 billion CHF in Swiss equities. United around Ethos, these institutional investors are convinced that engaging with companies is an efficient means for sensitizing them to best practice in corporate governance and sustainability.
Ethos welcomes the 150th member of the Foundation and the 100th member of the engagement program with Swiss companies
Ethos Foundation has the pleasure to announce its 150th member. The engagement program “Ethos Engagement Pool” for its part welcomes its 100th member. These two milestones are signs of the great confidence and growing interest that Swiss pension funds have for socially responsible investment and the systematic voting of shares in investee companies.
Ethos is among 123 global investors that have published a joint declaration on 16 May 2013 deploring the loss of 1'300 lives in several accidents in garment factories in Bangladesh.