More ESG news – Page 268

  • News

    PGGM unveils new executive structure

    2009-12-16T15:35:00Z

    [16:35 CET 16-12] NETHERLANDS – PGGM, the asset manager created out of the PfZW pension fund for Dutch healthcare workers, has reworked its management structure to focus on core activities.

  • News

    FRR to offset its own carbon footprint

    2009-12-16T15:10:00Z

    [16:10 CET 16-12] FRANCE – Officials at the French national pension reserve fund, FRR, are moving to limit the impact of the body’s own greenhouse gas (GHG) emissions, by investing in a Latin American ESG project generating green energy.

  • News

    Dutch company pensions lag on ESG take-up

    2009-12-14T14:30:00Z

    [15:30 CET 14-012] NETHERLANDS - Company pension funds are still lagging behind their other Dutch colleagues in their use of sustainable investments, according to the Association of Investors for Sustainable Investment (VBDO).

  • News

    Video interview: SCA considers early adoption of multi-OPF

    2009-12-10T15:30:00Z

    [16:30 CET 10-12] NETHERLANDS – Officials at the Dutch pension funds of SCA Paper and Hygiene could be one of the first Dutch groups to create a multi-OPF next year, in a bid to gain improved governance and administration.

  • News

    Sweden’s AP funds should be merged - report

    2009-12-07T15:45:00Z

    [16:45 CET 07-12] SWEDEN - A report has been published by an independent think-tank from within the Swedish Ministry of Finance suggesting the country’s first four pension buffer funds should be merged into one, to achieve scale advantages and potentially boost assets by SEK1bn (€958m) annually.

  • News

    Investors call for climate change clarity ahead of Copenhagen Summit

    2009-12-04T15:30:00Z

    [16:30 CET 04-12] GLOBAL – Institutional investors are being encouraged to call on governments to deliver clarity on national climate change policies and transparency on market signals ahead of the COP 15 United Nations Climate Change Conference, or Copenhagen Summit, next week.

  • News

    Danish pension funds face up to Israeli investments

    2009-12-02T15:15:00Z

    [16:15 CET 02-12] DENMARK - Danish pension companies PKA and PensionDanmark have defended their controversial Israel-linked investments in the face of public criticism, while Danica Pension has said it may divest several of the holdings.

  • News

    Lack of client demand hinders ESG growth - consultants

    2009-12-02T14:30:00Z

    [15:30 CET 02-12] GLOBAL – Investment consultants deem the lack of explicit client demand to be a barrier preventing quicker development of environmental, social and governance (ESG) services offerings, according to a survey conducted by the European Sustainable Investment Forum (Eurosif).

  • News

    TPR targets smaller schemes with revised risk guidance

    2009-12-02T12:30:00Z

    [13:30 CET 02-12] UK – The Pensions Regulator (TPR) has highlighted seven risk areas where trustees need to improve when assessing the internal risk and controls framework for the scheme.

  • News

    UK governance code to target investor communication

    2009-12-01T15:45:00Z

    [16:45 CET 01-12] UK – The existing UK Combined Code on corporate governance remains "broadly fit for purpose" but additional proposals relating to the role of the chairman and non-executive directors have been suggested by the Financial Reporting Council (FRC).

  • News

    Investors seek new route for investment volatility

    2009-11-30T14:15:00Z

    [15:15 CET 30-11] GLOBAL - New entrant to the indices market Thomson Reuters is in the process of developing benchmarks to help European and Asian institutional investors reduce volatility in their portfolios.

  • News

    Walker review calls for investors' stewardship code

    2009-11-26T15:10:00Z

    [16:10 CET 26-11] UK – The final report of the Walker Review into corporate governance has recommended institutional investors should abide by a new Stewardship Code, developed from the principles set out by the Institutional Shareholders Committee (ISC).

  • News

    TPR targets trustees with governance campaign

    2009-11-24T15:55:00Z

    [16:55 CET 24-11] UK – The Pensions Regulator (TPR) has signalled it will increased focus on good governance and administration in the run-up to 2012 with the launch of a new campaign targeted at trustees.

  • News

    SRI is dying, claims PwC

    2009-11-24T15:50:00Z

    [16:50 CET 24-11] GLOBAL – The concept of socially-responsible investment (SRI) is dying, according to Jon Williams, a partner at PricewaterhouseCoopers, although he admits the models of negative and positive screening and engagement could remain valuable for certain types of investors.

  • News

    Pension funds to up focus on 'creeping' climate change

    2009-11-23T15:45:00Z

    [16:45 CET 23-11] EUROPE – A group of UK-based institutional investors, including the Universities Superannuation Scheme (USS), has urged investors to engage with companies and policymakers on the issue of climate change adaptation, and to incorporate the related risks into their analysis and decision-making.

  • News

    Weekly pension updates 'relax trustees' - BP

    2009-11-23T15:15:00Z

    [16:15 CET 23-11] UK – Providing trustee boards with weekly updates on the financial position of the fund does not encourage investment short-termism but instead makes them more "relaxed" to market volatility, according to the chief executive of BP Trustees Limited.

  • News

    Institutional investors should be made to engage – Brady

    2009-11-23T13:00:00Z

    [14:00 CET 23-11] EUROPE – A proposal to issue binding guidelines for institutional investors on corporate governance was met with criticism at last week's CEIOPS conference.

  • News

    Kroes tells pension funds to confront corporate misbehaviour

    2009-11-20T14:30:00Z

    [15:30 CET 20-11] NETHERLANDS/EUROPE - Pension funds have a responsibility to help keep banks on the straight and narrow, says Neelie Kroes, European Commissioner for Competition.

  • News

    BA trustees reject calls for chairman to resign

    2009-11-19T16:00:00Z

    [17:00 CET 19-11] UK - As British Airways gears up to merge with Iberia, British Airways Pension Trustees have rejected calls for the trustee board chairman Roger Maynard to resign over impartiality issues.

  • Responsible investment 'to be key to pensions'
    News

    Responsible investment 'to be key to pensions'

    2009-11-19T14:00:00Z

    [15:00 CET 19-11] EUROPE – The concept of responsible investment is likely to become a component of European pension fund strategy in the long term providing investors can better define what criteria they wish to apply to the investment strategy, according to a pensions expert.