UK - Isis Asset Management wants trustees to demand fund managers give specific examples of where corporate practice has been changed for the better.
Isis said a review of its voting record showed that clients and individual scheme members wanted specific instances of how fund manager pressure had made a difference.
Karina Litvack, head of governance and socially responsible investment said: “Being able to point to examples is essential if we’re to see the continued growth of SRI and related disciplines.
“Keeping track of such advances is one of the best ways in which we can measure our effectiveness as a team, both within Isis and in our rapidly expanding field.”
Isis said successes in the past year include a commitment from house builder Berkeley Group to focus on the quality of its board and remuneration policy, and a revision of anti-discrimination policies employed by retail giant, WalMart.
The team also secured a commitment from Citigroup to improve the quality and transparency of its corporate social responsibility reporting and the launch of a new computer recycling service at Dell Computers.
The Pension Protection Fund (PPF) has published contingency planning guidance for trustees to help them manage risk.
The trustees of the Autoenrolment.co.uk and Moore Stephens master trusts have been fined for "deficient" chair's statements after failed court action against The Pensions Regulator (TPR).
Henry Tapper shares his thoughts on how IGCs could provide value for money statements that people wanted to read