Engagements in focus

ARCELORMITTAL

ArcelorMittal has been a long-term holding for Ruffer, and we have engaged extensively with the company, both individually and with the Climate Action 100+ initiative as a co-lead investor.

BRITISH AMERICAN TOBACCO (BAT)

Following an initial discussion on ESG issues with BAT’s management, Ruffer was invited to participate in a refresh of its double materiality assessment. BAT has conducted materiality assessments since 2007 and undertook its first double materiality assessment in 2022.

PERSEUS MINING

We have been a member of CDP for several years and are staunch supporters of the initiative’s goal of providing a comprehensive source of corporate environmental data that is aligned with key environmental disclosure standards. As in previous years, we focused our efforts on gold companies, particularly those CDP had deemed critical from a climate perspective, and we were selected to lead the engagement with Perseus Mining.