Spring is a PRI stewardship initiative for nature, convening investors to use their influence to halt and reverse global biodiversity loss by 2030

bird sitting on tree

List of focus companies

The Spring Investor Working Group will engage with 60 focus companies. These include 40 focus companies that were announced in February 2024 for which engagement groups have been formed. A limited number of roles remain available for some new participants. A second list of 20 focus companies was released in June 2024 and is now open to new participant applications until 20 September 2024. Additional companies may be included in the initiative over time.

Company selection methodology

Focus companies were selected using a three-step process which involved:

  1. Selecting priority geographies based on priority regions for avoided deforestation and active or emerging deforestation fronts;
  2. Identifying policy arenas (regional, national and international) that shape deforestation drivers;
  3. Selecting focus companies based on their level of influence in the selected policy arenas.

Company engagement groups

This list reflects the participants, lead and collaborating investors, engaging with PRI’s Spring focus companies, as of 26 June 2024. Companies are listed in alphabetical order.

Company engagement group
Country
Sector
Lead investor(s)
Collaborating investor(s)
Company engagement group status
AAK AB
Sweden
Ag, food, consumer goods
  • Öhman Fonder
  • Church of Sweden
  • Fondita Fund Management Company Ltd
  • Länsförsäkringar AB
Full
AB Volvo
Sweden
Automotive
  • AP2 (Andra AP-fonden)
  • Öhman Fonder
  • Church of Sweden
  • Ecofi
  • Länsförsäkringar AB
  • Multiples Alternate Asset Management Private Limited
Full
AngloGold Ashanti plc
South Africa
Mining/refining
  • KLP
  • Caisse de dépôt et placement du Québec (CDPQ)
  • Dom Finance
  • Finaltis
  • Allianz Investment Management SE
Open to applications
Archer-Daniels-Midland Company
US
Ag, food, consumer goods
  • Cardano
  • Green Century Capital Management
  • Eastspring Investments Group Private Limited
  • Man Group
  • Manulife Investment Management
  • Regnan Governance Research and Engagement Pty Ltd
  • UBS Asset Management
Full
Atacadão S.A
Brazil
Ag, food, consumer goods
  • BB Asset
  • Neo Investimentos
Open to applications
Banco Bradesco
Brazil
Finance
  • JGP
  • APG Asset Management BV
  • EQ Investors
  • Unigestion
  • Vontobel Holding AG
Open to applications
Banco BTG Pactual SA
Brazil
Finance
  • Neo Investimentos
  • JGP
Open to applications
Banco do Brasil SA
Brazil
Finance
  • JGP
  • Storebrand
  • fama re.capital
Open to applications
BASF SE
Germany
Chemicals/pesticides
  • Osmosis Investment Management
  • Caisse de dépôt et placement du Québec (CDPQ)
  • Eastspring Investments Group Private Limited
  • IQEQ Fund Management (Ireland) Ltd
  • Sumitomo Mitsui Trust Asset Management
Full
Bayer
Germany
Chemicals/pesticides
  • Erste Asset Management GmbH
  • Osmosis Investment Management
  • Eastspring Investments Group Private Limited
  • CaixaBank Asset Management
  • Sumitomo Mitsui Trust Asset Management
Full
BHP Group Limited
Australia
Mining/refining
Currently recruiting
BMW
Germany
Automotive
  • Raiffeisen Capital Management
  • APG Asset Management BV
  • BPI Gestão de Ativos
  • EOS at Federated Hermes
  • Scottish Widows
Open to applications
Brasil Foods SA (BRF)
Brazil
Ag, food, consumer goods
  • JGP
  • BB Asset
  • Polunin Capital Partners Ltd
Open to applications
Bridgestone
Japan
Tires
Currently recruiting
Bunge
US
Ag, food, consumer goods
  • Eastspring Investments Group Private Limited
  • Green Century Capital Management
  • Caisse de dépôt et placement du Québec (CDPQ)
  • BMO Global Asset Management
  • MFS Investment Management
  • Sumitomo Mitsui Trust Asset Management
  • UBS Asset Management
Full
BYD
China
Automotive
  • KLP
  • Cardano
  • E Fund Management Co., Ltd
  • M&G Investments
  • Regnan Governance Research and Engagement Pty Ltd
  • Sumitomo Mitsui Trust Asset Management
On hold – open to applications
Carrefour
France
Ag, food, consumer goods
Currently recruiting
Cencosud
Chile
Ag, food, consumer goods
  • Morningstar Sustainalytics
  • Polunin Capital Partners Ltd
On hold – open to applications
China Mengniu Dairy
China
Ag, food, consumer goods
  • Trinetra Investment Management LLP
  • EOS at Federated Hermes
  • Sumitomo Mitsui Trust Asset Management
  • PensionDanmark
Open to applications
Clariant AG
Switzerland
Chemicals/pesticides
  • Ethos Foundation
  • Luzerner Kantonalbank AG
Open to applications
Contemporary Amperex Technology Co. Limited (CATL)
China
Mining/refining
  • Robeco
  • APG Asset Management BV
  • E Fund Management Co., Ltd
  • Gopher Asset Management
  • Polar Capital
  • Trinetra Investment Management LLP
Full
Continental
Germany
Tires
Currently recruiting
Eramet
France
Mining/refining
Currently recruiting
Ford Motor Company
US
Automotive
Currently recruiting
Fuji Oil Holdings
Japan
Ag, food, consumer goods
Currently recruiting
Gerdau S.A.
Brazil
Mining/refining
Currently recruiting
Golden Agri-Resources (GAR)
Indonesia
Ag, food, consumer goods
  • Eastspring Investments Group Private Limited
  • Sumitomo Mitsui Trust Asset Management
  • Dom Finance
  • Morningstar Sustainalytics
Open to applications
Goodyear
US
Tires
Currently recruiting
Grupo Pao de Açucar (GPA)
Brazil
Ag, food, consumer goods
On hold – open to applications
Hankook Tire & Technology
South Korea
Tires
Currently recruiting
Henkel AG & Co. KGaA (Henkel)
Germany
Ag, food, consumer goods
  • EQ Investors
On hold – open to applications
Itau Unibanco
Brazil
Finance
  • Fundação Petrobras de Seguridade Social - Petros
  • APG Asset Management BV
  • JGP
Open to applications
J Sainsbury's
UK
Ag, food, consumer goods
Currently recruiting
Jardine Matheson
Singapore
Ag, food, consumer goods
  • Eastspring Investments Group Private Limited
  • Sumitomo Mitsui Trust Asset Management
  • Ethos Foundation
Open to applications
JDE Peet's N.V.
Netherlands
Ag, food, consumer goods
  • Marshall Wace LLP
  • Ecofi
  • IQEQ Fund Management (Ireland) Ltd
  • Pensioenfonds Rail & Openbaar Vervoer
Full
Jerónimo Martins
Portugal
Ag, food, consumer goods
Currently recruiting
Kinross Gold Corporation
US
Mining/refining
  • Osmosis Investment Management
  • APG Asset Management BV
  • Polunin Capital Partners Ltd
Open to applications
Koninklijke Ahold Delhaize N.V.
Netherlands
Ag, food, consumer goods
Currently recruiting
L'Oreal S.A.
France
Ag, food, consumer goods
  • CCLA Investment Management
  • Dorval Asset Management
  • Ecofi
  • Management GmbH
  • Green Century Capital Management
  • Scottish Widows
  • Unigestion
  • VidaCaixa
  • Vontobel Holding AG
Full
Manufacture Française des Pneumatiques Michelin
France
Tires
Currently recruiting
Marfrig Global Foods SA
Brazil
Ag, food, consumer goods
  • fama re.capital
  • Ashmore Group
  • JGP
  • BB Asset
Open to applications
Mercedes-Benz Group AG
Germany
Automotive
  • EOS at Federated Hermes
  • Dom Finance
  • Dorval Asset Management
  • Ecofi
Full
Metro AG
Germany
Ag, food, consumer goods
Currently recruiting
Minerva SA
Brazil
Ag, food, consumer goods
  • Allianz Investment Management SE
  • JGP
  • BB Asset
  • Neo Investimentos
Open to applications
Neste Oyj
Finland
Oil & Gas
  • Pensioenfonds Rail & Openbaar Vervoer
  • Ecofi
  • Aktia Bank
  • Fulcrum Asset Management
  • LocalTapiola Asset Management Ltd
Open to applications
Nickel Industries
Australia
Mining/refining
Currently recruiting
Nissan Motor
Japan
Automotive
  • Nomura Asset Management Co., Ltd.
Open to applications
Norsk Hydro ASA
Norway
Mining/refining
  • Storebrand
  • Church of Sweden
  • ESG Portfolio Management GmbH
  • Etica Sgr S.p.A.
  • Fulcrum Asset Management
Full
Olam Group
Singapore
Ag, food, consumer goods
Currently recruiting
Pirelli
Italy
Tires
Currently recruiting
PT Adaro Energy Tbk
Indonesia
Mining/refining
  • Ashmore Group
On hold – open to applications
PT Aneka Tambang Tbk. (ANTAM)
Indonesia
Mining/refining
  • Sumitomo Mitsui Trust Asset Management
On hold – open to applications
PT Bumi Resources Tbk
Indonesia
Mining/refining
  • Sumitomo Mitsui Trust Asset Management
On hold – open to applications
Reckitt Benckiser Group plc (Reckitt)
UK
Ag, food, consumer goods
  • Scottish Widows
  • EQ Investors
  • Quilter plc
  • Unigestion
Full
Santander Group
Spain
Finance
  • PensionDanmark
  • APG Asset Management BV
  • Ecofi
  • Etica Sgr S.p.A.
  • Multiples Alternate Asset Management Private Limited
Full
Sodexo
France
Ag, food, consumer goods
Currently recruiting
South32
Australia
Mining/refining
  • Regnan Governance Research and Engagement Pty Ltd
  • Devon Funds Management
  • Eastspring Investments Group Private Limited
  • Equity Trustees
  • KLP
  • Manulife Investment Management
  • Osmosis Investment Management
Full
Tesco
UK
Ag, food, consumer goods
Currently recruiting
Toyota
Japan
Automotive
  • Nomura Asset Management Co., Ltd.
  • Church of Sweden
  • Ecofi
  • Regnan Governance Research and Engagement Pty Ltd
  • Unigestion
Full
Volkswagen AG
Germany
Automotive
  • BPI Gestão de Ativos
  • Church of Sweden
  • Dom Finance
  • KLP
  • CaixaBank Asset Management
  • EOS at Federated Hermes
On hold – open to applications

Please note that this is not necessarily a full list and, in some cases, names may not be displayed. These lists are updated on a quarterly basis and may not include newer members of the group and/or any other recent changes. Investors can engage with companies as potential or current holders; participating in a company engagement does not indicate being invested in that company.