“By utilising Trucost’s data, analytics and insight, the Water Risk Monetizer seeks to quantify water quality risks and the potential impact of water scarcity on a facility to help businesses make better informed decisions on water strategies and management.”
…A further 20% employ only one such expert [in environmental, social and governance matters]. This means that over 500 of these world leading investment companies, managing $6.9 trillion in assets, employ one or fewer experts in responsible investment.
The €45bn Dutch metal industry scheme PME said it will improve its ESG policy by linking 10% of its assets directly to United Nations sustainability targets over the next five years.
Passage of the bill would mark a significant victory for the fossil fuel divestment movement, marking the first time a country has decided to fully divest its sovereign wealth fund [which amounts to €8 billion].
The Principles for Responsible Investment is pleased to announce the launch of its proxy vote declaration system. This is a voluntary opportunity for investors to publicly declare how they intend to vote on shareholder resolutions around environmental, social and corporate governance issues filed or co-filed by PRI signatories in advance of the upcoming 2017 proxy season.
- Since it began in March last march the $1 trillion group of investors engaging on this issue has doubled in size to to $2 trillion
- 70% of companies now have either a comprehensive or partial policy to prohibit antibiotic use in poultry, up from 50% in March 2016
- 80% of companies report they are now actively engaging with suppliers to monitor antibiotic use
- Yum! Brands is the only company that ignored a request for further information
- None of the companies surveyed have developed fully comprehensive, publicly available antibiotics policies to cover their entire livestock supply chain
- McDonald’s USA has committed to eliminate the use of antibiotics important to human medicine in its chicken supply
- London-listed company The Restaurant Group has committed to, ”Phasing out the routine, purely preventative use of antibiotics in groups of entirely healthy animals.”
Wider recognition of the issue
- The European Medicines Agency (EMA) and European Food Safety Authority (EFSA) issued a joint statement last year saying, “Reducing the use of antimicrobials in food-producing animals, replacing them where possible and re-thinking the livestock production system is essential for the future of animal and public health”. ■
Seventeen congressional Republicans signed a resolution on Wednesday vowing to seek “economically viable” ways to stave off global warming, challenging the stated views of President Donald Trump, who has called climate change a hoax.
Costco, the US retail group, and the copper miner Grupo Mexico have been named the worst laggards on human rights standards in a new ranking from Aviva Investors of firms on their respect for humanitarian ideals.
According to the report 4.8 per cent of the Scottish local government pension scheme is invested in fossil fuels with £543m being directly connected to oil and gas and £113m to coal.
Schroders, Aviva Investors, and Standard Life Investments ranked 1, 3, and 5 respectively in ShareAction’s analysis of 40 major European asset managers. French groups also performed strongly, with Amundi, Natixis, and AXA all in the top ten.