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Eumedion publishes 2021 Annual Report

Eumedion publishes 2021 Annual ReportNews · 17-06-2022

During its yesterday's meeting, the Eumedion Members Meeting approved the 2021 Eumedion annual accounts and discharged the Eumedion board members from their duties over book-year 2021. 



The Members' Meeting was held in physical form again for the first time since December 2019. Following the example of listed companies, Eumedion's external auditor (KPMG) provided a long-format auditor's report to the annual accounts. Together with the annual accounts, the board report for the 2021 book-year was also published. The board report provides an overview of all activities carried out by Eumedion in 2021.

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Institutional investors: all Dutch listed companies must prepare a climate transition action plan

Institutional investors: all Dutch listed companies must prepare a climate transition action planNews · 13-10-2021

All Dutch listed companies are expected to prepare a transition plan in the coming year in order to operate completely climate-neutral by 2050 at the latest. The transition plan must contain short-, medium- and long-term CO2 emission reduction targets and explain how the company intends to achieve these targets. The plan must be discussed with the shareholders. Companies that have a relatively large impact on climate change or that otherwise face major climate risks are encouraged to submit their progress report on the road to climate neutrality to the shareholders’ meeting for an advisory vote.


This request is incorporated in the Focus Letter 2022 that Eumedion has sent to all Dutch listed companies. The Focus Letter contains the topics that tend to be discussed in the dialogues Eumedion facilitates between Dutch listed companies and Eumedion members in the run-up to the 2022 shareholders’ meetings. The companies are encouraged to have the CO2 emissions reduction targets validated by the Science Based Targets initiative (SBTi) and reviewed by the external auditor. The reduction targets must relate to both the company's own activities and those of suppliers, customers and end users (i.e. the entire value chain; the so-called scope 1, 2 and 3).


Eumedion writes in the letter that the next ten years are crucial for still being able to prevent dangerous climate change. Eumedion believes that all listed companies, shareholders and external auditors have a responsibility to contribute to this objective (however small it may be). Companies are expected to report annually on their progress in meeting their CO2 reduction targets. Shareholders can then monitor progress and, if necessary, push for acceleration. External auditors can issue an independent assessment of the 'thoroughness' of the reduction targets and how they fit in with the company's operational and financial plans.


In addition to preparing climate transition plan, Eumedion has requested Dutch listed companies to also report on their diversity and inclusiveness policy (including objectives) for the entire workforce and on the effectiveness of their measures (and procedures) to ensure that human rights are safeguarded throughout their value chain.

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