More ESG news – Page 274

  • News

    Collaboration improves pension benefits - report

    2009-09-04T15:50:00Z

    [16:50 CEST 04-09] GLOBAL – Pension fund boards may be able to deliver improved returns and lower costs if they collaborate with other, larger, parties to provide enhance benefits over time, and if they apply governance structures with higher expertise, claims a report examining pensions and healthcare regimes across the ...

  • News

    Norway-Global excludes Israeli defence firm

    2009-09-03T15:55:00Z

    [16:55 CESt 03-09] NORWAY – The Government Pension Fund – Global has divested a NOK35.8m (€4.1m) holding in the Israeli company Elbit systems following a recommendation by the Council of Ethics over "violations of international humanitarian law".

  • News

    Parliament seeks balance on Dutch pension boards

    2009-09-03T14:30:00Z

    [15:30 CEST 03-09] NETHERLANDS - MPs in the Dutch parliament have rejected calls for a higher number of pensioner members on pension scheme boards and instead argued lobbying groups should be better represented at industry-wide pension funds.

  • German governance reforms were not good enough - Hermes
    News

    German governance reforms were not good enough - Hermes

    2009-08-28T15:50:00Z

    [16:50 CEST 28-08] EUROPE – Hermes Fund Managers has sent an open letter to German government officials and companies listed on the Dax and Mdax stock exchanges, calling for reforms to recent legislation which was designed to strengthen corporate governance and “the appropriateness of management board remuneration”.

  • News

    Nottingham considers pension merger

    2009-08-27T15:55:00Z

    [16:55 CEST 27-08] UK – Nottinghamshire County Council is considering a potential merger of its two Local Government Pension Scheme (LGPS) funds, ahead of the next triennial valuation in 2010.

  • Pensionskasse begets pensionskasse
    News

    Pensionskasse begets pensionskasse

    2009-08-25T15:20:00Z

    [15:20 CEST 25-08] SWITZERLAND – The Swiss multi-employer pensionskasse Publica has been granted the right to set up a pension fund for its own staff.

  • News

    Anadolu considers pioneering pensions move

    2009-08-21T15:15:00Z

    TURKEY - Anadolu Hayat Emeklilik, the second-largest pension insurance firm in Turkey in terms of assets under management, could pioneer diversification of the country's pension fund range by introducing a new interest-free investment vehicle which follows the principles of 'Sukuk', IPE has learned.

  • News

    Charity lobbies local gov't pensions over mining

    2009-08-20T15:45:00Z

    [16:45 CEST 20-08] UK – A number of local authority pension funds are coming under pressure from the charity ActionAid to use their investments in mining firm Vedanta to stop an open pit mine in India.

  • News

    NBIM expects transparency over water management

    2009-08-19T15:45:00Z

    [16:45 CEST 19-08] NORWAY – Norges Bank Investment management (NBIM) has warned companies that it invests in on behalf of the Government Pension Fund – Global must take a "long-term approach to the issue of water", and consider the impact of local communities on water and sanitation challenges.

  • News

    Sovereign funds 'must dialogue' with pension funds

    2009-08-19T15:30:00Z

    [16:30 CEST 19-08] GLOBAL - The financial crisis is likely to make sovereign wealth funds (SWF) more, not less, active in their pursuit of strategic objectives and engagements as shareholders, and they should therefore pursue fuller dialogue with pension funds and other active investors, according to State Street.

  • News

    Investor influence helped climate policy change

    2009-08-11T15:25:00Z

    [16:25 CEST 11-08] GLOBAL - Increasing investor activity with companies is partly responsible for an improvement in the way companies address climate change, according to environmental, social and governance (ESG) research provider EIRIS.

  • News

    Unilever joins Austrian ÖPAG

    2009-08-10T16:25:00Z

    [17:25 CEST 10-08] AUSTRIA – The Austrian branch of international company Unilever is outsourcing its pensionskasse to the multi-employer fund ÖPAG.

  • News

    TPR to use direct marketing for employer compliance

    2009-08-06T14:30:00Z

    [15:30 CEST 06-08] UK – The Pensions Regulator (TPR) has signalled its intention to use direct marketing services as an initial step to inform employers and their advisers of their duties, under the new auto-enrolment requirements beginning in 2012.

  • Balsfjord joins Norwegian pension tenders
    News

    Balsfjord joins Norwegian pension tenders

    2009-08-05T12:30:00Z

    [13:30 CEST 05-08] NORWAY – Balsfjord kommune, in the north of Norway, is the latest municipality to re-tender its public occupational pension provision.

  • Investors slam Myners' two-tier shareholder plan
    News

    Investors slam Myners' two-tier shareholder plan

    2009-08-03T15:45:00Z

    [16:45 CEST 03-08] UK – Investors and bodies representing pension funds have criticised a proposal by UK City minister Lord Myners to boost investor engagement by creating a ‘two-tier’ shareholder regime.

  • News

    Financial crisis boosted fiduciary management - Kraneveld

    2009-07-31T14:45:00Z

    [16:45 CEST 31-07] GLOBAL - The financial crisis has benefited fiduciary management, according to international pensions expert Peter Kraneveld.

  • Pension funds 'still some way from climate change integration'
    News

    Pension funds 'still some way from climate change integration'

    2009-07-31T14:30:00Z

    [15:30 CEST 31-07] GLOBAL - Pension funds still have a long way to go when it comes to integrating climate change into their investment management strategy, according to Danyelle Guyatt, principal at Mercer's responsible investment team.

  • News

    Consultancy attains independent trustee status

    2009-07-30T11:00:00Z

    [12:00 CEST 30-07] IRELAND – Attain Consulting is tapping what it expects to be the next big growth market in pensions and investment consulting by launching a separate independent trustee business to assist Irish company pension schemes.

  • News

    Highland schemes seeks advice for tax recovery

    2009-07-29T16:10:00Z

    [17:10 CEST 29-07] UK - The Highland Council is seeking a provider of tax advisory service to help its £627.8m (€730.9m) local government pension scheme (LGPS) claim back withholding taxes on dividends from EU and EEA sources.

  • PGGM mulls a cull of individual equities
    News

    PGGM mulls a cull of individual equities

    2009-07-29T16:00:00Z

    NETHERLANDS - Asset manager PGGM Investments is thinking of drastically reducing the number of individual equity investments it holds, in order to simplify its investment policy and build an improved ESG focus on the companies it its portfolio.