| From across the nation and around the world, INSIGHTS-edge brings you news, commentary and research in key areas of interest regarding ESG, Sovereign Wealth Funds and US Public Sector Pension Funds. We watch the watchers...who are watching you. ESG / Sustainability Asia fund industry lagging on climate risk awareness
(Source: Asia Investor) If asset managers and owners in Asia are to incorporate climate risk into their investment modeling processes, they will need more regulatory certainty on the issue, say consultants. IFC supports development of first environment, social and governance index in Mena
(Source: AMEINFO.Com) IFC, a member of the World Bank Group, is helping develop an index that will encourage responsible and sustainable investment practices in the Middle East and North Africa by measuring the environmental, social, and corporate governance performance of hundreds of listed companies in the region. Sovereign Wealth Funds Abu Dhabi sovereign fund has most holdings in US, Europe; sees significant potential there
(Source: The Canadian Press) A top official for the world's biggest sovereign wealth fund said Monday the bulk of its holdings are still in the U.S. and Europe, and that the Abu Dhabi fund sees "significant, long-term investment potential" in both regions despite the global downturn. China fund's 2009 return may pass 10 pct: report
(Source: AFP) SHANGHAI — China's sovereign wealth fund could earn more than 10 percent from its investments for 2009, up from 6.8 percent for the previous year, state media reported Wednesday. Sovereign Funds May Become Active Investors, State Street Says
(Source: BusinessWeek) Sovereign wealth funds may begin to take more active roles in the companies in which they invest after the global financial crisis, according to Street State Corp., the world’s biggest money manager for institutions. |
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| US Public Sector Pension Funds CalPERS to disclose details about intermediaries
(Los Angeles Times) California's giant public pension fund, racked by criticism for the way it has managed a $205-billion portfolio, is preparing to disclose new details about the financial middlemen who play a little-understood and lucrative role in pension investing. SEC Names 5 New Enforcement Chiefs
(Source: The Bond Buyer) In the biggest reorganization of its enforcement division in 30 years, the Securities and Exchange Commission Wednesday announced the new heads of five specialized enforcement units, including Elaine Greenberg, who will lead a unit expected to boost enforcement of municipal securities and public pension abuses. Watching the Watchers  GES Investment Services
Headquarters: Stockholm, Sweden; Copenhagen, Denmark; research center in Poland
Established: 1992, as CaringCompany
KEY COLLABORATIONS
The former SiRi. Also: Participant in the UN Global Compact, UN PRI, and a member of Concito, Denmark’s first green think tank. OVERVIEW/MISSION
GES describes itself as a “research and service provider for responsible investment.” GES, which stands for Global Ethical Standard, believes “sustainability pays off.” GES states its mission as “To make it a little bit better, everyday.” GES fulfills this mission for client investors, companies, GES itself, and the world at large. Principles include providing quality research, improving governance and performance of companies, and holding constructive, educational dialogue with companies on behalf of investors. GES repeatedly (and clearly) expresses its values in its code of conduct: long-term commitment, integrity, respect, and responsibility. Its principles address legal compliance, relations with business partners, transparency, conflict of interest, environment, and human rights. GES also states its “independence policy,” which lists political, religious and financial independence, plus expectations that GES associates behave objectively, fairly, neutrally, and impartially. |
