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You are in Direct - Listed Equity Active Ownership » Outputs and outcomes
Number of companies engaged
(avoid double counting, see explanatory notes)
Individual / Internal staff engagements
Type of engagement
Increased focus on deforestation and the scrutiny of global consumer goods companies and their responsible sourcing practice. Although sourcing and supply chain management are among the key ESG issues for the industry, ESG is becoming increasingly relevant across the entire value chain.
Focus in our engagements has been on how companies innovate the products they bring to the consumers including labelling and packaging. This is particularly true within food and beverages where health, nutrition, and environmental concerns are shaping demand patterns and the industry landscape. It is a trend we have seen unfold for some years, driven by consumers pursuing more healthy food options in favour of heavily processed food as well as food seen as more climate-friendly such as plant-based meat. This trend is further enhanced by initiatives from governments and health organisations seeking to reduce the consumption of sugar, saturated fat, and salt.
Engage on a broad range of issues including the green energy transition, expectations for coal and nuclear plants, cyber security, mitigation of climate risk, as well as regulatory risk.
During our engagement calls with companies in the energy sector, it has been made clear that there is a large difference between companies dependent on their location and their operations. Typical discussion topics include climate engagement, increased disclosure and transparency on emissions, and lobbying activities, as well as initiatives to offset emissions such as investments in carbon capture and storage technology.
ESG part of management KPIs
Emphasizing the need to have ESG incorporated and integrated in KPIs for management and its remuneration packages.
The Danish food ingredient company, Chr. Hansen was last year appointed by Corporate Knights to be the world most sustainable company. Therefore, we find it natural that ESG ought to be a part of management’s KPI’s. However, this is still not the case. We hope this will change soon and we will continue to encourage the company to do so.
Concerning the UN Sustainable Development Goals (SDGs) we discussed some new products that support Chr. Hansen’s commitment. The company has some exciting products under development e.g. bacteria to reduce sugar content in food, probiotics to bring down number of sick days and a product to prolong shelf life and thereby bring down food waste.