More ESG news – Page 319
-
News
Unilever turns tables on institutional investors
UK/NETHERLANDS – Institutional investors who fail to vote at annual meetings could face a grilling by companies if Unilever’s example sets a precedent.
-
News
Public pension governance “hindered” - study
GLOBAL – Public pension governance is being hindered by not being able to benefit from the lessons learned in the private sector, according to a new study by the World Bank.
-
News
Netherlands’ SCGOP to hold governance symposium
NETHERLANDS – The Dutch corporate governance foundation SCGOP is to hold a symposium on corporate governance later this month.
-
News
UK issues new corporate governance code
UK – The final redraft of the Combined Code on corporate governance, following the Higgs Review into non-executive directors, has received the thumbs up from institutional investor bodies.
-
News
French asset managers up corporate governance stance, says AFG-ASFFI
Investment managers in France are showing more interest in voting at the annual meetings of companies they invest in, according to a survey by the French asset management associations AFG-ASFFI.
-
News
Active share ownership can produce outperformance - research finds
UK - The link between corporate governance and investment performance depends on active ownership, and companies with active shareholders will tend to outperform.
-
News
Asset managers quit and turn backs on industry – survey finds
UK – More fund managers are leaving the industry than at any point in the past seven years, reveals a survey by consultants Watson Wyatt.
-
News
CalPERS Crist wins ICGN governance award
NETHERLANDS William Crist, the former chairman of the California Public Employees Retirement System (CalPERS), has won the International Corporate Governance Network (ICGN) award for contributions to corporate governance.
-
News
Credit Lyonnais AM to launch SRI subsidiary
FRANCE - Crédit Lyonnais Asset Management is to make a full-scale sortie into the arena of socially responsible investment with the launch of a new subsidiary called Integral Development Asset Management, or IDEAM.
-
News
Belgian SRI firm Ethibel swings to 2002 loss
BELGIUM – Socially responsible investing company Ethibel posted a loss of 167,193 euros in 2002, compared to a profit of 59,092 euros in 2001.
-
News
New Dutch governance code targets shareholders
NETHERLANDS – New Dutch corporate governance proposals have been published which aim to strengthen the role of shareholders and company supervisory boards.
-
News
ABP’s chief investment officer backs equities
NETHERLANDS – The chief investment officer of Europe’s largest pension fund, the 133-billion euro Stichting Pensioenfonds ABP, has put his weight behind equities’ role in pension fund portfolios.
-
News
Eurosif moves to increase SRI fund openness
EUROPE - Eurosif, the European Social Investment Forum, is to pilot the introduction of transparency guidelines for SRI funds in the retail sector this month, in a move which its says could herald similar initiatives for the institutional sector.
-
News
HSBC says ageing is shaping financial services
UK – HSBC says population ageing is starting to shape the demand for financial services.
-
News
NAPF in corporate governance joint venture
UK - UK investors will soon have better access to corporate governance analysis and electronic voting as a result of a joint venture between the National Association of Pension Funds and the US-based governance organisation, Institutional Shareholder Services.
-
News
ABP, PGGM oppose Telecom Italia-Olivetti merger
EUROPE – Some of Europe’s largest pension funds have backed a call opposing Telecom Italia’s planned merger with Olivetti.
-
News
EU unveils corporate governance action plan
EUROPE – The European Commission has unveiled an action plan on corporate governance – aimed at strengthening shareholders rights and protecting employees and creditors.
-
News
ISIS Asset Management discloses voting record
UK - ISIS Asset Management has brought out into the open its shareholder voting policy on behalf of its clients.
-
News
New European property investment body to launch
EUROPE – A new pan-European body for investors in non-listed real estate is to launch next week which hopes to tackle the issues arising in the growing market.
-
News
EU says “crucial” to cut retirement incentives
EUROPE – European Commissioner Pedro Solbes says it is crucial for European employment growth that incentives for early retirement are removed.
