Around one in nine SRI investors surveyed by Jupiter want social and environmental issues taken into...
Around one in nine SRI investors surveyed by Jupiter want social and environmental issues taken into account in the management of their pension funds. A similar number would like reports from their fund about the environmental, social and ethical impact of their investment activities.
A recent Department of Trade & Industry report called on the Government to make it clear it is the duty of pension fund trustees to raise awareness of environmental risks and the benefits of environmental good practice, and to encourage annual reporting of social, environmental and ethical issues.
Emma Howard Boyd, head of socially responsible investment (SRI) at Jupiter, agrees the Government should strengthen SRI disclosure requirements by forcing pension funds to report annually on the implementation of their SRI and activism policies.
She said: 'Our survey illustrates the significant number of investors who would like to see their choices in direct investments reflected by their pension funds.
'Despite the introduction of the SRI pension regulation in July 2000, the majority of our investors do not know how their pension funds take social, environmental and ethical issues into account.'
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