More ESG news – Page 287
-
News
Hoogovens fund to strengthen SRI criteria
[15:29 CEST 11-07] NETHERLANDS – Stichting Pensioenfonds Hoogovens, the €5.19bn scheme of Corus Netherlands, is set to implement a new socially responsible investment (SRI) policy for its investments.
-
News
Liverpool pushes again for Merseyside ethical policy
[14:40 CEST 10-07] UK – Members of Liverpool City Council have voted unanimously to pressure Merseyside Pension Fund to ballot participants on an ethical investment policy.
-
News
Kingston adds custodian to search list
[13:20 CEST 10-07] UK – The Royal Borough of Kingston upon Thames is seeking a global custodian to provide services to its local government pension scheme.
-
News
IPE seeks views on European trustee governance
[16:55 CEST 09-07] SURVEY - IPE has commissioned Brian Holden MBE, Chairman of Trustee Risk Managment’s Advisory Service, to undertake a major independent review of the governance principles and structures of European occupational pension funds.
-
News
NPRF under pressure over Zimbabwe investments
[16:00 CEST 09-07] IRELAND – The Irish National Pension Reserve Fund has come under pressure to conduct a full ethical review of its investment strategy following the discovery that it invests more than €575m in companies operating in Zimbabwe.
-
News
TLPs could be 'foundation' for wider mortality market
[16:55 CEST 08-07] UK – Traded Life Policies (TLPs) could become a successful new asset class and provide a "firm foundation" for the development of the wider life market in trading mortality and longevity-indexed securities and derivatives, according to research from the Pensions Institute at CASS Business School.
-
News
Lothian taps Hermes for global voting advice
[15:45 CEST 04-07] UK – The Scottish £3bn (€3.8bn) Lothian Pension Fund has appointed Hermes Equity Ownership Services (EOS) for a voting and engagement overlay to engage with companies internationally.
-
News
Gov't wants 'formal' research into 50% MNTs
[12:00 CEST 02-07] UK – The UK government says more "formal" research is needed to assess potential issues before the government will increase the legal requirement for member-nominated trustees (MNTs) on pension boards from one-third to 50%.
-
News
Danes at front of mining firm scrutiny over Zimbabwe
[16:15 CEST 01-07] GLOBAL – PFA Pension, the second-largest Danish pension scheme, has joined a group of influential European pension funds and opened dialogue with mining company Anglo American over its mining activities in Zimbabwe.
-
NewsUN PRI to expel fund managers over disclosure
[16:00 CEST 30-06] GLOBAL – Donald MacDonald, chairman of the United Nations’ Principles of Responsible Investments (PRI), has refuted claims suggesting the initiative is a talking shop without teeth by threatening non-compliant fund manager signatories with expulsion.
-
News
CFA unveils global code of conduct
[16:00 CEST 26-06] GLOBAL – The Chartered Financial Analysts Institute is seeking to persuade all individuals who sit on the governing bodies of pension funds to improve governance by adhering to a global code of conduct for pension schemes.
-
News
RailPen 'unsure' it can meet PRI criteria
[14:30 CEST 26-06] UK – RailPen Investments, the investment management arm of the £20bn (€25bn) UK Railway pension fund, has yet to join the UN Principles of Responsible Investing (PRI) because of uncertainty about its ability to meet the standards.
-
NewsTalking Point: Responsible investment or political interference?
TALKING POINT – Anglo American, the mining giant, issued a statement today on the back of widespread criticism about its plan to invest £200m ($400m) in a platinum mine in Zimbabwe.
-
News
Hermes wins EMG delay at ASMI
[16:40 CEST 24-06] UK/NETHERLANDS – Hermes, the wholly-owned fund manager of the BT Pension Scheme, and other shareholders have used their collective power to force Dutch technology firm ASMI to delay a planned extraordinary shareholder meeting (EGM) being held next month.
-
NewsNorway consults on ethical pension guidelines
[17:05 CEST 23-06] NORWAY – The Norwegian Ministry of Finance has issued a public consultation on the evaluation of ethical guidelines for the Government Pension Fund – Global, which highlights potential changes such as introducing a 'cut-off' point for active ownership discussions.
-
News
UN's doubles RI standards' signatories
[16:00 CEST 17-06] GLOBAL – Signatories to the Principles of Responsible Investing, drafted by two agencies of the United Nations (UN), have more than doubled so far in 2008 to 381 participants.
-
News
Rights issue protagonist quits UBS
[16:50 CEST 16-06] SWITZERLAND – Swiss pension fund Profond has sold its shares in Swiss bank UBS citing “mistrust” in the new management, just months after arguing smaller shareholders should be allowed to invest in the firm.
-
News
'No need for new SRI commission' – Hummels
[13:00 CEST 12-06] NETHERLANDS – Harry Hummels, author of influential guidelines for responsible investing (SRI) for pension funds, says there is no need to launch another practical commission to measure how schemes have improved their SRI-practices.
-
News
Dutch metal funds roll out joint SRI policy
[16:55 CEST 11-06] NETHERLANDS – The two Dutch pension funds for the metal industry, the €33bn PMT and the €21.5bn PME, today launched a joint social responsible investment policy.
-
NewsNPRF to adopt risk measurement system
[16:15 CEST 10-06] IRELAND – The National Treasury Management Agency (NTMA) is seeking a provider of a risk measurement system for the National Pension Reserve Fund (NPRF).
