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 Maggots: OZschwitz super fund activists declare open season on boards

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RR Phantom

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Maggots: OZschwitz super fund activists declare open season on boards Vide
PostSubject: Maggots: OZschwitz super fund activists declare open season on boards   Maggots: OZschwitz super fund activists declare open season on boards Icon_minitimeSat Sep 26, 2015 12:28 am
Institutional investors are putting more pressure than ever before on companies to comply with the increasingly stringent environmental, social and governance investment guidelines of major superannuation funds before October's annual general meeting season.

Maggots: OZschwitz super fund activists declare open season on boards 1443170055187

The Australian Council of Superannuation Investors (ACSI), which counts 30 of the largest non-profit funds as members, will meet with at least 130 of Australia's top 200 listed companies in the lead-up to this AGM season. The number of pre-AGM meetings between ACSI and ASX-listed companies has more than doubled in the past three years.

Environmental, social and governance (ESG) concerns discussed in these meetings vary across sectors and specific companies.

"Key areas of engagement for ACSI this AGM season are carbon risks, bribery and corruption, human rights, and executive pay," ACSI chief executive Louise Davidson said.

Read more: http://www.smh.com.au/business/super-fund-activists-declare-open-season-on-boards-20150925-gjv0kn.html#ixzz3modR6BFm
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