UK/US - US-based Wal-Mart has amended its equal employment policy after talks with UK fund manager, Isis Asset Management.
Wal-Mart is the largest private sector employer in the world, with 1.2 million staff.
Isis governance and SRI vice-president Elizabeth McGeveran said: “Wal-Mart now joins 90% of Fortune 100 companies and some 318 further Fortune 500 companies in covering discrimination on the grounds of sexual orientation in their equal opportunities code.”
Some of the UK's biggest pension schemes will be forced to report on climate risk in line with recommendations from the Taskforce for Climate-related Financial Disclosures (TCFD).
TPT Retirement Solutions has launched a pension scheme for the education sector which offers schools both defined contribution (DC) and defined benefit (DB) pension provision.
The People's Pension has revealed plans to overhaul its charging structure, cutting fees and returning profits to members with an aim to help people save more money for retirement.
Data consultancy ITM has appointed Akash Rooprai as head of client management to lead its de-risking business.