Investor power for a fairer South Africa
We use advocacy, engagement and activism to drive good corporate citizenship by South African-listed companies and institutional investors.
Our work focuses on three key ESG issues:
8 July 2020
Yesterday afternoon, Just Share attended Santam’s electronic annual general meeting (AGM). We asked the insurer’s board about the company’s refusal to pay out hundreds of policyholders from the tourism and hospitality industry for Covid-related losses.
Santam and other insurers are refusing to pay out under business interruption policies... continued
1 July 2020
This article was originally published on 1 July 2020 in the Daily Maverick.
In a first for South Africa, climate justice NGOs called on Standard Bank shareholders to vote against the re-election of five climate-conflicted directors at the bank’s 26 June 2020 AGM. Standard Bank claims to support the goals of the Paris Climate Agreement, which... continued
24 June 2020
On 8 June 2020, 14 climate justice NGOs led by Just Share wrote to asset managers with shares in Standard Bank Group Limited (Standard Bank), calling on them to vote against the election of five climate-conflicted directors at the bank’s AGM on 26 June.
Seven of Standard Bank’s 18 board members have close ties to the fossil fuel industry. Of those, the following five... continued
8 June 2020
Seven of Standard Bank’s 18 board members are conflicted on climate change-related matters by virtue of their ties to the fossil fuel industry. Fourteen climate justice NGOs 1 from around the world, led by shareholder activist organisation Just Share, have called on Standard Bank’s shareholders to vote against the election / re-election of climate-conflicted... continued
eTV News
8 July 2020
Corporate Unkindness: Santam board unmoved on Covid-19 claims rejections at AGM
IOL
8 July 2020
CorporateUnkindness: Santam board unmoved on Covid-19 claims rejections at AGM
NGO Pulse
8 July 2020
Activists highlight Santam’s refusal to pay out Covid-19 business interruption claims
Engineering News
8 July 2020
Covid claims: Santam and insurers have ‘pathetic excuses for not paying’, say tourism companies
Financial Mail
8 July 2020
COVID-19 Coronavirus South African Online Resource and News Portal
Responsible investment means making investment decisions with a focus not simply on short-term financial gain, but on long-term value creation. It involves an investment approach that integrates environmental, social and governance (ESG) issues into financial analysis and decision-making: i.e., it is premised on the belief that the concept of “value” in the investment system must extend beyond financial returns, to encompass the impacts of a company’s operations on the environment within which it operates and the people who work for it and who are affected by it.
Shareholder activism refers to the ways in which shareholders in a company can exercise their rights as partial owners of that company to influence management to behave in a particular way. The steps taken can range from engaging with management in private, to the use of shareholder resolutions and litigation to force changes in company behaviour.