More ESG news – Page 293
-
News
Evidence sees plan types divided on DC choices
[17:00 CET 07-12] UK - Pensions investor still face a “surfeit of choice” as seven out of 10 contract-based occupational defined contribution (DC) schemes give their members 20 or more funds to invest in, Watson Wyatt has found.
-
News
Abn unveils ‘clean’ technology fund
[[17:00 CET 06-12] EUROPE - Abn Amro is launching a specialist fund designed to target investment opportunities in climate change and environment-related firms.
-
News
Legal threat to pensions arms trade decision
[15:30 CET 06-12] UK – Trade union officials have warned Merseyside pension fund could face a legal challenge over a recent decision by local authorities to continue the fund’s investment in companies selling armaments.
-
News
ABP reviews energy investments
[16:45 CET 05-12] NETHERLANDS – The €218bn Dutch pension fund ABP is reviewing its investments in energy, the scheme's head of sustainability, Rob Lake has said.
-
News
AP7 moves to green energy plan
[16:15 CET 05-12] SWEDEN - The AP7 Swedish buffer fund, Sjunde AP-fonden, said it is planning to invest SEK3bn (€319.2m) in environmental technology in the next three years via two fund of funds mandates.
-
News
Carbon disclosure project widens
[15:30 CET 04-12] NETHERLANDS – The Carbon Disclosure Project (CDP), a global standardised mechanism by which companies report their greenhouse gas emissions to their investors, has today announced it is expanding to the Netherlands.
-
News
France steps up the pace on SRI
[16:30 CET 03-12] FRANCE – French institutional investors are increasingly focusing on socially-responsible investment (SRI) and most institutions now expect it to play a role in their business strategy, suggests a study of investors.
-
News
Consultancy to assist search for consultants
[16:00 CET 03-12] UK – A new consultancy service has been launched in the UK which is designed to advise pension funds regarding the selection of investment consultants.
-
News
World Bank in CEE financial reporting push
EUROPE – The World Bank has opened a centre for financial reporting reform (CFRR) in Vienna, to aid countries in Eastern Europe and Central Asia in their transition to international accounting and reporting standards.
-
News
Just 1 in 99 schemes show ESG best practice
[15:45 CET 30-11] UK – Only one UK-based local authority pension funds currently demonstrates best practice towards responsible investment, according to research produced by the UK Social Investment Forum.
-
News
Danish pensions body deems ESG safe
[11:00 CET 30-11] DENMARK - An official report in Denmark has concluded pensions institutions can take an ethical stance on investments while still fulfilling their legal duty to get the highest possible return.
-
News
NAPF questions non-execs independence
[17:00 CET 28-11] UK – The National Association of Pensions Funds has suggested an independent non-executive director of a company may not be able to continue to be considered ‘independent’ the longer they hold their position.
-
News
Environment Agency PF to update global equity
[14:00 CET 28-11] UK – The Environment Agency’s pension fund is reviewing its existing global equity arrangements and creating a new mandate which requires asset managers display strong ESG credentials, in line with its SRI philosophy.
-
News
F&C and Goldman win ESG awards
[12:00 CET 28-11] GLOBAL – F&C Asset Management and Goldman Sachs were named as the best asset management firms in relation to environmental and social governance (ESG) policy at the inaugural ESG Leaders Awards.
-
News
PBU questions retailer investment on SRI grounds
[14:30 CET 27-11] DENMARK - Pædagogernes Pensionskasse, the pension fund for education practitioners, has called for clarity from Swedish fashion retailer Hennes & Mauritz on its child labour policy.
-
News
Finnish church takes the SRI path
[16:45 CET 23-11] FINLAND – The Central Church of Finland has awarded two SRI European equity mandates, worth €60m.
-
News
Lawyers question Walker silence on pensions
[16:30 CET 23-11] UK – The Walker review on private equity should look more closely at the role and involvement of the pensions industry in private equity, according to law firm LG.
-
News
Trustee case reveals need for documents
[14:30 CET 22-11] UK - A recent move by the UK pensions ombudsman to rule on a dispute rather than giving the trustees a second chance highlights the need for trustees to keep records of decision-making, pensions lawyers have declared.
-
News
Carnegie EGM votes on new chair
[13:30 CET 22-11] SWEDEN - Stockholm-based Carnegie bank has elected Anders Fällman - chief executive of Carnegie shareholder Invik - as its new chairman, despite recent calls for an independent chairman to see the bank through its current troubles.
-
News
Flexibility deters schemes from fiduciary management - KPMG
[15:00 CET 21-11] NETHERLANDS - Doubts about managers’ ability to deliver flexibility prevent many Dutch pension funds from choosing fiduciary management, claims accountancy advisory firm KPMG.
