Two major AGM battles on the horizon
A group of 137 financial institutions globally with a combined $16trn (€11.9bn) in assets have sent out questionnaires to more than 300 of the world’s largest companies on their water use as part of the Carbon Disclosure Project’s Water Disclosure initiative. The institutions include names such as Allianz Group, CalSTRS, HSBC, ING, Mitsubishi UFJ Financial […]
The coal mine investments of Norway’s NOK2,385bn (€280bn) Government Pension Fund are to come under increasing scrutiny from the fund’s Council of Ethics. The Council, an independent body which makes recommendations to the Ministry of Finance, said in its new annual report that it plans to investigate “more closely” the giant fund’s investments in coal […]
RI’s regular round-up of the most important responsible investment news.
Chief executive says ING wants to stimulate sustainable entrepreneurship and increase its portfolio of green products and services.
Government fund hires Massey Energy non-exec
APG Asset Management warns it may join shareholder protests over the involvement of oil giants BP and Shell in controversial tar sands projects in Alberta, Canada.
Two of the UK’s largest pension funds set up an investor communication website as part of alliance to coordinate share voting at company meetings – made possible thanks to clarification on ‘acting in concert’ guidelines from the UK Financial Services Authority
Investors take sides on call for oil giant to disclose info on environmental and economic risks.
Local Authority Pension Fund Forum says oil giant has provided necessary information.