GLOBAL - A new report from the United Nations has highlighted the socially responsible investment practices of some of the world's most influential pension funds.

"Responsible Investment in Focus: How leading public pension funds are meeting the challenge" was jointly prepared by the United Nations Environment Programme Finance Initiative (UNEP FI) Asset Management Working Group and the UK's Social investment Forum, UKSIF.

It includes 15 case studies of how funds such as the Netherlands' ABP and Norway's Government Pension Fund approach SRI.

The report aims to inspire more pension funds worldwide to deepen their responsible investment practices and, building on this international experience, develop their own strategies and approaches.
 
It provides detailed examples of some of the most advanced and creative approaches currently being adopted and demonstrates how responsible investment has moved forward in recent years.
 
"Until now, it has been difficult to get an appreciation how approaches to responsible investment have moved forward over the last few years," said Paul Clements-Hunt, head of the UNEP Finance Initiative.

"By bringing these examples together, we have made it easier for pension funds to see what is being done and what can be achieved.

"The report reconfirms the speed at which environmental, social and governance issues are being mainstreamed by pension funds and other institutional investors."

The funds profiled include:

- ABP (Netherlands)
- AP2 (Sweden)
- ARIA (Australia)
- Caisse de dépôt et placement du Québec (Canada)
- CalPERS (US)
- CIA (Switzerland)
- ERAFP (France)
- Environment Agency Pension Fund (UK)
- Fonds de Réserve pour les Retraites (France)
- Government Pension Fund (Thailand)
- Metallrente (Germany)
- Norges Bank (Norway)
- PGGM (Netherlands)
- PREVI (Brazil)
- TIAA- CREF (US)