More ESG news – Page 276

  • ESG reaching out beyond plain equities
    News

    ESG reaching out beyond plain equities

    2009-07-03T13:00:00Z

    [14:00 CEST 03-07] GLOBAL – While the financial crisis may have slowed the development of traditional financial products, it seems to have encouraged new environmental, social and governance (ESG) products.

  • News

    Trustees should be involved in refinancing deals - Mercer

    2009-07-02T15:45:00Z

    [16:45 CEST 02-07] GLOBAL – Mercer has claimed banks and other lenders should “give greater consideration” to the demands of defined benefit pension scheme trustees when firms are looking to negotiate restructuring or refinancing terms.

  • News

    NBIM outlines expectations on climate change

    2009-07-01T15:55:00Z

    [16:55 CEST 01-07] NORWAY – Norges Bank Investment Management (NBIM) has published its draft expectations on corporate performance in relation to climate change mitigation and adaptation.

  • News

    Gjerstad and Båtsfjord retender pensions

    2009-07-01T15:55:00Z

    [16:55 CEST 01-07] NORWAY – Two more Norwegian municipalities have re-tendered contracts for a provider to supply their local authority pension funds.

  • News

    Transparency on pension risks is paramount - Netspar

    2009-06-30T16:15:00Z

    [17:15 CEST 30-06] NETHERLANDS - Pension funds must make pension risks more transparent to their participants, the Dutch pensions research organisation Netspar believes. Funds should also focus on real guarantees, which should increase with age.

  • News

    Nine in 10 delegate engagement to managers

    2009-06-29T15:50:00Z

    [16:50 CEST 29-06] UK - Almost half of all UK pension funds intend to spend more time scrutinizing the actions of fund managers on engagement issues in the future, as 93% of schemes currently delegate engagement tasks to managers or third parties.

  • News

    LAPFF M&S resolution garners more support

    2009-06-25T15:40:00Z

    [16:40 CEST 25-06] UK – The Local Authority Pension Fund Forum (LAPFF) has received backing from proxy voting advisory services for its shareholder resolution to appoint an independent chair to the board of retailer Marks & Spencer by July next year.

  • News

    APG deems ESG essential in IT contract

    2009-06-24T15:15:00Z

    [16:15 CEST 24-06] NETHERLANDS – APG Group, the asset management arm of the ABP pension fund, has signed a 10-year deal to have Cofely Netherlands look after its IT as the running of its new data centre in Masstricht has a strong environmental and social governance focus.

  • News

    TPR seeks analytical services to boost offering

    2009-06-22T15:55:00Z

    [16:55 CEST 22-06] UK – The Pensions Regulator (TPR) is seeking participants for a framework agreement providing analytical services to supplement its in-house resources.

  • News

    Investment Solutions to deliver 'real' fiduciary management

    2009-06-22T15:15:00Z

    [16:15 CEST 22-06] UK – Investment Solutions, a UK multi-manager division of Alexander Forbes, has attacked rival investment consultancies for what is says is abuse of the term ‘fiduciary management’.

  • News

    Goodwin pension cut avoids legal uncertainty

    2009-06-19T16:00:00Z

    [17:00 CEST 19-06] UK – Legal protections prohibiting employers from retrieving pension benefits remain in tact after Royal Bank of Scotland (RBS) after Sir Fred Goodwin, the former chief executive, agreed to voluntarily reduce his annual pension to £342,500 (€404,046).

  • News

    Mortality projections model tailored to user needs

    2009-06-19T15:30:00Z

    [16:30 CEST 19-06] UK - The UK Actuarial Profession has unveiled a prototype mortality model for projecting increases in life expectancy which it believes will better reflect recent mortality rates and trends.

  • News

    Shareholders must do more on governance - OECD

    2009-06-19T14:00:00Z

    [15:00 CEST 19-06] GLOBAL – The Organisation for Economic Cooperation and Development has warned shareholders need to be more proactive as owners if corporate governance is to improve globally.

  • Pension funds push for expert on mining board
    News

    Pension funds push for expert on mining board

    2009-06-18T15:40:00Z

    [16:40 CEST 18-06] GLOBAL - A resolution, proposed by European and American pension funds, to appoint an independent environment expert to the board of mining company Freeport McMoRan received the support of 32.5% of shareholders.

  • Blue Sky Group tightens management controls
    News

    Blue Sky Group tightens management controls

    2009-06-18T13:00:00Z

    [14:00 CEST 18-06] NETHERLANDS - The €10.6bn asset manager and pensions provider Blue Sky Group is putting extra measures in place to deal with counterparty risks following the credit crunch.

  • Philips extends its ESG focus
    News

    Philips extends its ESG focus

    2009-06-17T15:55:00Z

    [16:55 CEST 17-06] NETHERLANDS – The Philips Dutch pension fund is planning to invest its assets in the future under the terms of the United Nations Principles for Responsible Investment (UNPRI) and allocate a portion of its assets to responsible investment.

  • News

    Work develops to grow environmental ETFs

    2009-06-15T15:20:00Z

    [16:20 CEST 15-06] GLOBAL – FTSE Group has launched a fresh series of classifications and support tools which are designed to help investors identify companies providing environmental technolofy products and services, which could soon lead to the growth of environmental-focused ETFs.

  • News

    German funds catch up on SRI

    2009-06-09T16:15:00Z

    [17:15 CEST 09-06] GERMANY – Approximately 50% of German retirement providers are using ethical criteria within their investments, but not all of them are adopted on a wider scale, a study has claimed.

  • News

    Clarity sought over ‘acting in concert’

    2009-06-05T14:30:00Z

    [15:30 CEST 05-06] UK – Four bodies representing the UK investment and pensions industry have called for clarity on rules concerning shareholders seen to be ‘acting in concert’, so investors may act collectively to get key messages across to companies they invest in.

  • News

    Bigger pension players push ESG - study

    2009-06-03T15:50:00Z

    [16:50 CEST 03-06] UK - A group of responsible investment (RI) champions is clearly starting to emerge among UK corporate pension funds, according to the UK Sustainable Investment and Finance body (UKSIF).