Lower chamber passes vote to outlaw investments in related companies.
Uptake is essential for development and building value, says new PRI signatory, CDC.
The Norwegian Government Pension Fund’s NOK17bn (€1.9bn) stake in Nestlé has come under scrutiny from labour unions. In a joint letter, the unions have asked the Finance Ministry to assess an alleged “systemic pattern of human rights abuses” by the Swiss food group. The company is the fund’s second largest equity holding. A spokesman for […]
Despite some highlights, and a lot of high-profile activity recently, the California Public Employees’ Retirement System’s actual $3.8bn (€2.9bn) corporate governance investment program is underperforming, according to a consultant’s report for the fund. And it has emerged the $201bn fund has made no new corporate governance investments in the year to date. The news comes […]
Why meaningful reform will depend on clear and appropriate benchmarking.
Support for ESG considerations high, but caution on fiduciary responsibilities.
Corporate engagements ongoing with Wal-Mart, Toyota and Freeport-McMoRan
Investors look to recoup sub-prime losses.
The chair of the Council of Ethics talks about exclusions, international norms and why Norway’s fund giant has become an ethical pensions leader.
Changing financial markets for the better will require protecting the DB base of active investors.