Stakeholder Engagement

You do not have to be a direct shareholder in a company for a company’s actions to affect you. ACCR engages with communities and stakeholders affected by our target companies.

In Australia, many people are members of superannuation funds and these are often invested in companies. You may not be aware that as a superannuation fund member, you are likely an indirect shareholder of a large number of companies. Find out more about how your super fund votes on ESG issues by reading our Super Votes Report.

As a super fund member you can advocate with your fund for it to become a shareholder advocate on your behalf. You can advocate for it to invest or divest as appropriate. The recent decision of the city of New York to divest from fossil fuels has been influenced by stakeholders.

Examples of successful stakeholder advocacy - Apartheid

An example of successful stakeholder engagement is the demise of apartheid. The efforts of US States (such as Connecticut and Massachusetts), combined with the two biggest pension funds in America (those for the staff of New York City and the state of California) along with other investors, effectively cut South Africa out of the global debt market. It was one of the most effective sanction efforts. The story is told more fully in Socially Responsible Investment: A Global Revolution, by Russell Sparkes (Wiley and Sons 2002).

Examples of stakeholder advocacy in New Zealand

The Council for Socially Responsible Investment (CSRI) established in New Zealand in 2003 has similar aims to that of ACCR. In 2002, the New Zealand Government had set up the NZ Superannuation Fund, designed to grow to around NZ$100-120 billion, a sum even greater than the total of all managed funds in the country. Hence, it made sense for the CSRI to focus on government rather than corporate investment.

CSRI has had a number of successes including encouraging the government to pull out of its investment in tobacco and landmines. It also demonstrated the inadequacy of the legislated criteria for suitable investment by NZ Government funds. It exposed the irony that its funds were actually investing in nuclear weapons, despite the fact that, for over three decades, the New Zealand Government had campaigned against the French and USA governments about their involvement with nuclear weaponry. The Accident Compensation Corporation in NZ has subsequently ceased such nuclear weapon investment although the New Zealand Superannuation Fund still persists in this practice.

Meet Dimitri Lafleur

Dimitri is our Chief Scientist. He supports our analysis of company climate plans, with a deep understanding of GHG emissions, energy markets and climate science.

Read More

Blowing Our Carbon Budget

Our carbon budget is rapidly dwindling. Chief Scientist, Dimitri Lafleur looks at the latest research and how investors should be engaging their companies on emissions.

Read More

No more nonsense in net-zero commitments

Net zero transition plans and targets communicate to investors how a company is responding to the existential threat of climate change. Investors should review company net-zero commitments against these recommendations.

Read More