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It agreed to begin a racial audit in 2022. Companies such as Citigroup, JPMorgan Chase and Amazon won heated proxy fights at their annual meetings. But activists gained one huge win last spring when BlackRock, the world’s biggest investor, with US$8 trillion under management, caved. But the activists kept pressing.
Kristensen, who joins from a similar role at Federated Hermes – following spells at Jyske Bank and Neuberger Berman – reports to Client Group Co-head Paul Voûte, who has made deepening institutional relationships a priority since taking up his role in 2022. One of our overarching objectives has been to grow our direct client base.
But they invested less, and less often, than in 2022. The challenging macro environment – including geopolitical conflicts and volatile markets – led to SWFs’ investments falling by 20% to US$124.7 billion compared to 2022. Sovereign wealth funds’ (SWFs) assets under management (AUM) hit an all-time high of US$11.2
The nine new signatories to the pledge were APG, which manages the assets of the Netherlands’ largest pension scheme, Astanor Ventures, Australian EthicalInvestment, Deutsche Oppenheim Family Office, LGT Private Banking, Nordis Capital, Oakham Wealth Management, OFI AM , and SLM Partners. .
Following a brief pause in 2022, the BBFAW has now been relaunched with tougher assessment criteria for the 150 companies that it assesses globally. Investors supporting the benchmark include Aviva Investors, BNP Paribas Asset Management, and Brunel Pension Partnership.
All Around the Globe How the B Global Network Is Celebrating and Sharing Learnings from the 2022 Best for the World B Corps Across Regions The lists may have been announced in July, but the opportunity to learn from the Best for the World Certified B Corporations runs all year. And check out the full Best for the World 2022 lists here!
WBA will now be extending its coverage of companies in the IT space and is aiming to publish the 2022 Digital Inclusion Benchmark in March 2023, Montenegro said. . “AI In August, WBA started the engagement process with the 130 companies that have yet to make such a commitment, encouraging them to do so. . Setting boundaries .
Increasingly, Indigenous people and non-Indigenous allies, via consumer activism and ethicalinvesting criteria, are having a significant impact on the economic bottom line of companies that do not source their raw materials in a manner that is environmentally and socially sustainable.
They have called on the finance sector to treat weapons manufacturers as ethicalinvestments. Some of the countrys biggest pension funds including Nest and The Peoples Pension have pushed back , arguing they should be allowed the choice to exclude weapons makers from the investment portfolios. billion (US$8.4
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