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Global Reporting Initiative founder behind GISR
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.
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.
Companies should issue one report for stakeholders, argue Robert Eccles and Michael Krzus.
Consultant asks managers to indicate which way they will vote and why.
Board pressure to be applied on sustainability and female representation.
Norges Bank to favour initial lobbying engagement where possible.