UK/DENMARK - Danish pension funds PKA and Magistrenes Pensionskasse have signed agreements with Ethical Investment Research Services (EIRiS), the socially responsible investment firm.
Both pension funds have signed up to EIRiS’s ethical portfolio manager (EPM) service which allows clients to access the research EIRiS and its eight international partners undertake.
The funds will also be able to check their investments across a broad range of social, environmental and ethical criteria.
PKA will be checking the company reports provided in EPM for more than 2700 companies worldwide against their ethical investment principles, while Magistrenes Pensionkasse plans to take a best of sector approach, using EIRiS data to look at areas such as corporate governance, the environment, human rights and employee issues in combination with a screen for allegations of breaches of core ILO conventions.
PKA CEO Peter Damgaard Jensen said: ”PKA expects the initiative to add value to the investment strategy, complementing the line of other tools used in the analysis of the portfolio.”
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