Majority of funds ignoring socially responsible investment, according to private sector report
Two years after occupational pension funds became required to disclose their policies on socially responsible investment, a majority are still failing to consider social, ethical and environmental issues as part of their investment process, according to a private sector report. The Pensions Act was amended in July 2000 to force occupational pension funds to disclose the extent to which they take SRI issues into account when making investment decisions. But despite growing interest in the sector and the creation or expansion of SRI desks at many fund management houses, the bulk of pensio...
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