Inrate’s engagement pool, the “Responsible Shareholder Group (RSG)”, defined seven main topics for the engagement season 2023. For each topic, Inrate defined milestones and KPIs to track progress on companies’ performance. For the climate topic “Scope 3”, the RSG decided to increase the requirement for reaching the maximum evaluation on the KPI “targets and follow-up”. From the 2023 season on, companies only reach the milestone on targets, if they commit to a GHG emission reduction target which has been verified as “net-zero” by the “Science-Based Targets Initiative (SBTi)”. This includes Scope 1,2 and 3 emissions.
With the modification, Inrate newly considers Scope 1 and Scope 2 emission targets, and thus meets the Swiss Climate Score’s criterion for an “engagement strategy that is intended to be compatible with the 2050 net zero target”.
For more information on our engagement activities, please read our Engagement Report 2022: You can find information on the main topic’s milestones and progress on pages 10-18.
More information on the main topics: Here
If you are interested in learning more about our engagement offering, do not hesitate to reach out to Tilman Jundt, Head of Engagement: tilman.jundt@inrate.wpenginepowered.com.
If you are interested in attending our Engagement webinar this summer, please sign up to receive an official invitation.
The webinar will take place on August 29th.