Social responsibility ‘can boost shareholder value'
GLOBAL - Corporate social responsibility increases shareholder value for pension funds, a new survey by Innovest Strategic Value Advisors shows.
The investment research firm’s latest Paper & Forest Products Sector Report analysed 29 global competitors in the sector, covering environmental performance, the ability to reduce environmental-related risk and capacity to develop new business opportunities through environmentally-oriented investments.
Lead author Juan Silva said: “Companies with above-average Innovest ratings, such as Holmen, Nexfor, Weyerhaeuser and Votorantim, outperformed companies with below-average ratings by approximately 43%.”
Silva added: “Among the eight companies analysed, outperformers... are characterised by having lower exposure to regulatory risk, higher capacity to manage complex shareholder relations, capacity to influence the sector through proactive business strategies and improved emerging markets standards.”
Latest stories
Pension freedoms could rake in £19.2bn of tax over next decade
Pension freedoms could generate as much as £1.9bn a year in tax revenue for the next 10 years, according to research by the Pensions Policy Institute (PPI).
PPF admits it does not know precise cost of ECJ ruling
The Pension Protection Fund (PPF) has conceded it does not have "all the data we need to calculate" the impact of last month's ruling that some benefits may be unlawful.
Fears grow over GMP equalisation hit on corporate profits
A looming court decision on gender equalisation of pension schemes could hit FTSE 100 profits by up to £15bn, Lane Clark and Peacock (LCP) says.
KAS Bank launches currency overlay solution for pension funds
Dutch custodian KAS Bank has created a fintech solution to help schemes save on costs and improve transparency of currency hedging strategies.
Most read
