ESG

Strathclyde Pension Fund has forced a shareholder meeting at Lochard Energy in a bid to oust two of the group's directors.

Keith Bray looks at the rise of the Local Authority Pension Fund Forum and explains how, by acting together, council pension schemes can maximise their influence as shareholders.

Pension schemes have flooded £250m into long-dated affordable housing bonds in a further sign of scheme appetite for local housing initiatives.

A group of institutional investors has written to the world's largest public companies to demand reductions in their carbon emissions.

Former US vice-president Al Gore has called on schemes to maximise long-term value by factoring sustainability into investment decisions and evaluating asset managers over a longer timeframe.

The National Employment Savings Trust has appointed The Co-operative Asset Management as its responsible ownership partner alongside proxy voting agency Manifest.

Local authority pension funds are not "duty bound" to invest in tobacco, a report claims.

Threadneedle has expanded its governance and responsible investment team with the appointment of Iain Richards.

The National Employment Savings Trust is set to take a more prominent role in shareholder activism and sustainable and responsible investment lobbying.

Pension funds can change the face of modern capitalism if their investment and governance structures are fundamentally redesigned.