Tag: Sustainalytics

Investors with $3.2tn of combined assets under management - including EOS at Federated Hermes, EdenTree Investment Management, NN Investment Partners and Sarasin & Partners - are working with campaign group ShareAction on climate-related shareholder engagement with the chemicals sector. Target companies under the project are expected to include ASF, Covestro, Croda International, LydondellBasell Industries, L'Air Liquide and Solvay. “Chemicals are responsible for 5.8% of global emissions, but shareholder engagement with the sector is only in its infancy,” said ShareAction in a statement, which was issued alongside new research on the transition plans of chemical companies. Climate Action 100+, the main channel through which investors engage with companies on climate, has only seven chemical companies on its 167-strong focus list. “And just two of those – Air Liquide and LyondellBasell Industries – saw any public discussion of climate ch…