News Article Published:
Wednesday, 12 November 2008
Category:
Financial Services
F&C has achieved a public relations coup after finishing first in a survey to find the fund manager in the UK with the top environmental, social and governance (ESG) policies and practices.
Conducted by FairPensions, the survey looks at the 20 largest fund managers in Britain.
Financial services company F&C, coming top for the second year in a row, was the only firm to receive a 100 per cent perfect overall score.
Its "transparency and engagement" in terms of ESG were particularly highlighted as strong points.
The company's head of governance and sustainable investment, Karina Litvack, said that pension funds are becoming increasingly aware of the positive influence they can exert on corporate behaviour via their ownership rights.
This was highlighted by the large numbers signing up to the United Nations Principles for Responsible Investment (UN PRI), she added.
"Words and pledges are one thing, and substance is quite another," she said.
"This survey adds real value because it provides that independent critical assessment of all that stands behind our public commitments."
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