Engagement over exclusion

Shell Pension believes in engagement as tool to achieve sustainable change. After all, excluding and selling a company means relinquishing your influence.

Shell Pension invest in many companies and countries. Every quarter the investment portfolios of Shell Pension are checked by Hermes EOS for controversies. Controversies are the breaching of international standards such as the UN Global Compact criteria. Where possible, EOS enters into dialogue with companies whose behaviour falls short. In line with this, we also use our voting rights at shareholders' meetings. As a last resort, companies that fail to make any progress in the field of sustainable business practice can be excluded.