Coal giant on its way to Paris

30 january 2023

Sustainability in Action: Coal giant on its way to Paris

How can an energy company in a central European country get rid of its high dependence on coal? Intensive engagement with coal giant CEZ put the Czech company on its way to transitioning to other energy sources. The dialogue with the company served as an eye-opener for the portfolio manager in charge of the engagement effort.

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Van Lanschot Kempen Investment Management ( VLK IM) is licensed as a manager of various UCITS and AIFs and authorised to provide investment services and as such is subject to supervision by the Netherlands Authority for the Financial Markets. This document is for information purposes only and provides insufficient information for an investment decision. This document does not contain investment advice, no investment recommendation, no research, or an invitation to buy or sell any financial instruments, and should not be interpreted as such. The opinions expressed in this document are our opinions and views as of such date only. These may be subject to change at any given time, without prior notice.

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There’s a saying in Dutch, Kom verder, it means many things and it’s our business philosophy. It captures the way we work with clients but also the way we steer our investee companies to deliver shareholder value through active engagement.