More ESG news – Page 289

  • News

    AFM questions status of pension communications

    2008-05-08T11:15:00Z

    [12:15 CEST 08-05] NETHERLANDS - A significant proportion of all Dutch pension providers and insurers may still not be ready to implement the new rules on providing information to pension funds’ participants, according to the regulator AFM.

  • News

    Denmark to publish CSR action plan

    2008-05-07T15:30:00Z

    [16:30 CEST 07-05] DENMARK - The Danish government is to publish an action plan which will outline how to meet the growing “expectations and challenges” of corporate social responsibility (CSR) in mid-May.

  • News

    PensionDanmark reviews its asset allocation

    2008-05-07T15:00:00Z

    [16:00 CEST 07-05] DENMARK - PensionDanmark, the €10bn pension fund, will change its asset allocation over the coming months and reduce in its allocation to fixed income and diversifying assets.

  • News

    JPM unveils ESG reporting monitor

    2008-05-06T15:25:00Z

    [16:25 CEST 06-02] GLOBAL – JP Morgan Investor Services has extended its compliance reporting services to warn institutional investors when they near or breach their own environmental and corporate governance (ESG) criteria concerning specific assets held.

  • News

    Responsible investors plan ESG for 75% of assets

    2008-05-06T14:45:00Z

    [15:45 CEST 06-02] GLOBAL – Institutional pension funds invested at least $1.26trn (€810bn) under responsible investment (RI) terms in 2007 but expect to apply environmental and social governance (ESG) to at least 75% of their assets by 2010, according to a study conducted by Investment and Pensions Europe (IPE) and ...

  • News

    PPF sets out revised trustee role

    2008-05-02T15:45:00Z

    [16:45 CEST 02-05] UK – Revised guidance to help trustees understand their responsibilities when applying to enter the Pension Protection Fund (PPF) has been put out for consultation.

  • News

    OECD calls for auto-enrolment

    2008-05-01T15:20:00Z

    [16:30 CEST 01-05] GLOBAL – The Organisation for Economic Cooperation and Development has launched a financial education initiative which, among other things, suggests individuals with no access to pension schemes should be auto-enrolled into voluntary pension plans.

  • DC communication should be 'priority' ahead of 2012
    News

    DC communication should be 'priority' ahead of 2012

    2008-04-30T11:00:00Z

    [12:00 CEST 30-04] UK – Improved communication to members of defined contribution (DC) schemes needs to be a higher priority for trustees ahead of auto-enrolment in 2012, Aon Consulting has warned.

  • Dutch preachers launch SRI index fund
    News

    Dutch preachers launch SRI index fund

    2008-04-28T13:30:00Z

    [14:30 CEST 28-04] NETHERLANDS – The €1bn pension fund for pastors and preachers of the Dutch protestant church has, together with SNS Asset Management, launched a European responsible equity index fund.

  • News

    Gov't rejects plans to force ESG on PADA

    2008-04-25T14:00:00Z

    [15:00 CEST 25-04] UK – The UK government has rejected amendments forcing the Personal Accounts Delivery Authority (PADA) to take account of the UN Principles for Responsible Investment (UN PRI), because personal accounts should not "set an example" for other schemes.

  • News

    Improving DC governance is key TPR target

    2008-04-25T11:30:00Z

    [12:30 CEST 25-04] UK – Improved governance standards in defined contribution (DC) schemes and the design and development of its role in personal accounts are two of the key challenges The Pensions Regulator (TPR) will face over the next three years.

  • News

    Parmalat sues Hermes for €5bn over collapse

    2008-04-21T15:10:00Z

    [16:10 CEST 21-4] ITALY/UK –Parmalat, the Italian food group, is suing Hermes Focus Asset Management Europe for more than €5bn in damages on the grounds of that it worsened the "financial distress" relating to the firm's collapse in 2003.

  • News

    AP Funds in dialogue with 13 firms over 'ethical breaches'

    2008-04-21T15:00:00Z

    [16:00 CEST 21-4] SWEDEN – The Ethical Council of Sweden’s First-Fourth AP Funds has confirmed it is currently engaged in "active" dialogue with 13 companies over breaches relating to human rights, labour laws, corruption and the environment.

  • News

    Pension strike threatens UK fuel supply

    2008-04-21T14:34:00Z

    [15:55 CEST 21-04] UK – Scotland’s only crude oil refinery will today continue shutting down operations in anticipation of a strike over pensions, set to threaten fuel supplied to Scotland and northern England as soon as Friday.

  • News

    Nestlé goes pan-European step-by-step

    2008-04-18T14:25:00Z

    [15:25 CEST 18-04] EUROPE - Food manufacturer Nestlé has confirmed it sees the future of its pensions in pan-European pension funds.

  • News

    Demand for SRI continues in financial crisis

    2008-04-17T15:55:00Z

    [16:50 CEST 17-04] AUSTRIA – Despite some stocks in the alternative energy sector having suffered severely in the market turbulences Austrian investors stick to sustainability, explains Martin Cech, manager at Austrian SRI asset manager Vinis.

  • News

    'Similar countries' could merge pensions - State Street

    2008-04-17T15:30:00Z

    [16:30 CEST 17-04] GLOBAL – State Street is predicting the changing landscape of pensions could mean “similar countries” may in the future merge their pensions systems or see DB providers offer annuity-style protection to non-members from a DC background.

  • News

    Schemes want hedge fund compliance in three years

    2008-04-16T15:55:00Z

    [16:55 CEST 16-04] UK/GLOBAL – More than 50% of UK pension funds will require hedge fund managers to comply with best practice standards within three years, KPMG has revealed.

  • News

    French FRR adopts new SRI strategy

    2008-04-16T15:20:00Z

    [16:20 CEST 16-04] FRANCE – The €34.5bn French national pension reserve fund FRR says it wants to extend its responsible investment strategy to all of its investment portfolios, following a review of its asset classes.

  • News

    Administration most popular pension industry

    2008-04-15T14:00:00Z

    [15:00 CEST 15-04] UK - Employees working in industries such as public administration and defence are more likely to be members of a pension scheme than those working in catering, the UK's Office of National Statistics (ONS) has revealed.