More ESG news – Page 298

  • News

    IPE-QUEST: $30m heading for SRI

    2007-07-12T16:00:00Z

    [17:00 CEST 12-07] SWITZERLAND – A Swiss pension fund is seeking to appoint a manager for a $30m SRI (€21.8m) mandate, using IPE-Quest.

  • News

    Hermes chooses tracking partner

    2007-07-12T16:00:00Z

    [17:00 CEST 12-07] UK – Legal & General Investment Management will provide index tracking services to Hermes Pension Management, it was announced today.

  • News

    Dutch media scheme succumbs to SRI pressure

    2007-07-11T15:45:00Z

    [16:45 CEST 11-07] NETHERLANDS – The €2.5bn Dutch industry wide pension fund PNO Media has announced it will sharpen its social responsible investment (SRI) policy and procedures following pressure from broadcaster Llink.

  • News

    PwC agrees payment in Tyco case

    2007-07-10T16:09:00Z

    [17:09 CEST 10-07] US – PricewaterhouseCoopers (PwC) is to pay $225m (€165m) in a class action settlement on allegations of accounting fraud at Tyco International.

  • News

    Regulator calls for trustee report feedback

    2007-07-09T12:00:00Z

    [13:00 CEST 09-07] IRELAND – The Pensions Board, Ireland’s pensions regulator, has called for written comments on its Report on Trusteeship.

  • News

    Schemes ‘slow to introduce governance rules’

    2007-07-09T11:00:00Z

    [12:00 CEST 09-07] NETHERLANDS – Dutch pension funds are struggling with the introduction of new governance rules, according to a KPMG Financial Services study.

  • News

    Time for climate discussion is over – LAPFF

    2007-07-09T10:00:00Z

    [11:00 CEST 09-07] UK – The Local Authority Pension Fund Forum (LAPFF) is urging the government to introduce more ambitious emission targets and mandatory corporate reporting on greenhouse gas emissions.

  • News

    Another Dutch giant invests in trees

    2007-07-06T15:30:00Z

    NETHERLANDS – The €85bn healthcare workers' pension fund PGGM has awarded a $200m (€150m) 15-year forestry mandate.

  • News

    UN SRI principles gain ground

    2007-07-04T15:30:00Z

    GLOBAL - Almost 80% of pension fund signatories to the UN Principles for Responsible Investment (PRI) consider responsible investment issues in their investment manager selection process, or plan to do so this year.

  • News

    PKA mandates hail 'responsible' focus

    2007-07-03T16:09:05Z

    [17:08 CEST 03-07] DENMARK - Danish occupational pension funds administrator Pensionskassernes Administration (PKA) has hired fund manager Hermes to carry out share-ownership responsibilities for its €3.7bn of non-domestic equity investments, the two parties said.

  • News

    Pfizer praised for governance engagement

    2007-06-29T16:00:29Z

    [17:00 CEST 29-06] US – Pharmaceutical giant Pfizer has been commended for its decision to regularly meet with institutional investors and discuss its corporate governance.

  • News

    PGGM to pursue SRI engagement

    2007-06-29T12:23:43Z

    [13:23 CEST 29-06] NETHERLANDS - PGGM, the €85bn pension fund for healthcare and social workers, has announced it will actively engage with the all 4,000 listed companies in its investment portfolio on ethical issues.

  • News

    IPE-QUEST: Laborfonds adds investment lines

    2007-06-28T15:58:44Z

    [16:58 CEST 28-06] ITALY – The €451m Laborfonds is seeking managers for a guaranteed and an ethical investment line as well as for a European equity mandate, using IPE-Quest.

  • News

    Voting disclosure still rare among fund managers - LAPFF

    2007-06-26T15:28:36Z

    UK - Only six UK asset managers disclose comprehensive and easily accessible shareholder voting records, according to the Local Authority Pension Fund Forum (LAPFF).

  • News

    Finnish church goes SRI

    2007-06-22T15:24:18Z

    [16:24 CEST 22-06] FINLAND – The Evangelical Lutheran Church of Finland’s €746m pension fund is looking for one or more active European equity SRI managers, following its new guidelines for responsible investing.

  • News

    Pension funds seek drug firms transparency

    2007-06-20T15:57:16Z

    [16:57 CEST 20-06] GLOBAL – Two of the largest European pension funds USS and ABP are calling on the pharmaceutical industry to address issues such as transparency and access to medicine in order to increase investor value.

  • News

    Securities law could hit pension fund returns - KAS

    2007-06-18T15:57:55Z

    [16:57 CEST 18-06] EUROPE – Pension funds will incur financial losses if legislation preventing the use of voting rights on loaned securities is implemented, Dutch securities services bank KAS Bank has argued.

  • News

    Dutch broadcaster demands SRI

    2007-06-14T15:42:58Z

    [16:42 CEST 14-06] NETHERLANDS - Llink, the smallest Dutch broadcaster, has announced it will leave the industry-wide pension fund PNO Media if the scheme doesn’t change its investment policy.

  • News

    Raise retirement age to 67 - think tank

    2007-06-13T15:46:00Z

    [16:46 CEST 13-06] NETHERLANDS - The Dutch government must actively approach the pensions crisis by raising the official retirement age from 65 to 67, the Council of Economic Advisers (REA) says.

  • News

    Institutional run on SNS's micro-credit fund

    2007-06-11T14:51:29Z

    [15:51 CEST 11/06] NETHERLANDS – Dutch bank SNS Reaal has decided to re-open its micro-credit investment fund because of unexpectedly high demand from institutional investors.