Value proposition

Investor power for a fairer South Africa

Just Share is a non-profit shareholder activism and responsible investment organisation that promotes the use of investor power for a fairer South Africa.

We use advocacy, engagement and activism to support active ownership and responsible investment which drives good corporate citizenship by SA-listed companies. Our work focuses on three key environmental, social and governance (ESG) issues, and the intersection between them: inequality, climate change and diversity and transformation.

What is the problem?
SA faces enormous challenges of poverty, inequality and environmental degradation. Our small pool of large institutional investors, coupled with some of the most progressive responsible investment legislation and corporate governance initiatives in the world, should mean that investors use their power to drive good corporate citizenship and hold companies accountable for negative environmental and social impacts.

But claimed commitments to responsible investment and the integration of ESG issues into investment decisions, have not had a meaningful impact on how companies behave.

What needs to change?
• Asset owners, especially pension funds, must do more to comply with their fiduciary duty to ensure the long term sustainability of their funds’ investments.
• Asset owners must do so by clearly articulating their investment beliefs and mandating asset managers to ensure that ESG factors are integrated into investment decision-making, with consequences for failing to do so.
• Asset managers must be more transparent in their engagements with company management.
• Engagement strategies must have clear escalation mechanisms, so that companies cannot continuously make promises and commitments that are never realised.
• Active ownership must be public and have consequences for companies that fail to address investor concerns.

Website: https://justshare.org.za
Twitter: @JustShareSA

ESG, shareholder activism, corporate governance , responsible investment, and sustainability