Learn about the progress that the six target companies have made in addressing some of the most pressing climate concerns and mitigating the risks linked to water scarcity and pollution. The latest progress report (Phase 3) was published on 14 June 2022.

While FAIRR, Ceres, and the investor coalition commend the progress made, continued investor engagement in these key areas is critical to mitigating risk and safeguarding shareholder value. There is a growing need for more rigorously tailored engagements. While all companies are moving towards GHG target implementation, none have set supply chain water targets or specific climate requirements for suppliers. Focusing on specific issues, such as supply chain water risk and climate implementation plans, will be a critical way to improve management practices and protect against physical, transition, and reputational risks.