ESG/social investing

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  1. CalPERS, NYC Retirement Systems oppose Duke Energy directors in coal-ash spill aftermath

    trueCalPERS and the New York City Retirement Systems are calling on shareholders to oppose the re-election of four independent directors to Duke Energy Corp.'s board, accusing them of having “failed to fulfill their obligations of risk oversight as members of a committee overseeing health, safety and ...

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  1. Pitzer College endowment OKs divestment of fossil-fuel stocks

    truePitzer College plans to divest its $125 million endowment of fossil-fuel stocks.

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  2. ISS/IRRC study: Shareholder engagement at all-time high

    trueThe level of engagement between institutional investors and U.S. companies has reached an all-time high and produced high degrees of success, ranging from constructive dialogues to changes in corporate policies, according to a study released Thursday prepared by Institutional Shareholder Services ...

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  3. NYC comptroller targets 20 large companies on supplier-diversity program disclosures

    trueApple Inc., Pfizer Inc. and Qualcomm Inc. are among 20 companies targeted by the New York City Retirement Systems, calling for disclosure of their supplier-diversity programs on purchasing goods and services from businesses owned by minorities, women, veterans and disabled individuals, as well as ...

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  4. Harvard adopts U.N.-backed ESG investment practices

    trueHarvard University, Cambridge, Mass., agreed to adopt a set of socially and environmentally responsible investing practices supported by the United Nations.

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  5. Christian Brothers Investment Services chooses CIO

    trueJohn W. Geissinger was named chief investment officer at Christian Brothers Investment Services.

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  6. United Methodist board starting new social values fund

    trueGeneral Board of Pension and Health Benefits of the United Methodist Church, Glenview, Ill., hired Northern Trust Asset Management to manage a new fund, called Equities Social Values Plus.

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  7. Global investors, exchanges seek to develop ESG listing standards for companies

    trueNew York State Common Retirement Fund and BlackRock are among the institutional investors in a Ceres-led group which launched an initiative to promote the integration of environmental, social and governance disclosures into the listing rules for companies listed on U.S. and global stock exchanges.

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  8. F&C: ESG engagement leads to almost 300 changes at companies in 2013

    trueF&C Investments achieved 293 instances of change on behalf of its investors following engagement with companies over issues including executive remuneration, labor standards and human rights, according to its latest annual responsible investment report.

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  9. Franklin Resources shareholders elect all directors, reject proposal on genocide divestment

    trueFranklin Resources Inc. shareholders on Wednesday elected all directors to the board and rejected a shareholder proposal calling for the company's investment management units to divest companies that contribute to genocide, all results that bucked contrary voting positions by some large pension ...

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  10. Lines being drawn in Franklin Resources proxy battles

    truePension fund shareholders have lined up on opposite sides in voting on election of directors and a shareholder proposal calling for genocide-free investing at Franklin Resources Inc.

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  11. Connecticut, New York pension funds target Alliant for gun-control proxy proposal

    trueAlliant Techsystems Inc. shareholders will face a joint proxy proposal from the Connecticut Retirement Plans & Trust Funds and New York State Common Retirement Fund calling on the company to address “public safety issues arising from the misuse of firearms and ammunition that poses risk to investor ...

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  12. More institutions sign up for UNPRI

    trueAQR Capital Management, Babson Capital Management and Cornerstone Capital Management joined 27 other institutional investors in becoming the latest signatories of the United Nations-supported Principles for Responsible Investment, according to a statement Wednesday from the initiative’s governing ...

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  13. ULI conference focuses on healthy real estate

    trueNow that green real estate has become widespread, real estate money managers are moving to expand their horizons to healthy properties.

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