GES Press Release
Stockholm/London, December 11, 2015
One of the UK’s largest asset owners, Royal Mail Pension Plan (RMPP), has appointed GES to engage with its investee companies. GES was appointed following a competitive selection process involving a number of other international engagement providers. GES will engage on all RMPP’s equity holdings including the Plan’s exposure to emerging markets. GES will provide an overview of the Plan’s exposure to environmental, social and governance (ESG) risks and provide engagement reports detailing engagement performance.
“Protecting the value of our members’ pension is fundamental to our fiduciary duty and by appointing GES to engage with our investee companies, we are further strengthening our approach,” said Ian McKnight, Chief Investment Officer, Royal Mail Pension Plan. “The collaboration between GES and Royal Mail Pension Plan seeks sustainable value by addressing areas such as the environment, climate change, labour standards and human rights, and further supports our commitment to the Principles for Responsible Investing.”
“We are delighted to support RMPP as it takes its responsible investment approach to a new level. GES’ collaborative engagement pools investors’ assets together and enhances their impact as shareholders and is also in line with their fiduciary duty according to the UK Stewardship Code.” said Hanna Roberts, GES CEO.
Royal Mail Pension Plan is the occupational pension scheme established for the benefit of employees of Royal Mail Group plc and associated employers.
GES is a leading provider of Engagement services with a 15-person engagement team focusing on key ESG issues linked to international conventions and standards such as the UN Global Compact. GES services more than 100 institutional clients globally with assets under management in excess of 1 trillion Euros.
For more information, please contact:
Charlotte Mansson / www.ges-invest.com
Royal Mail Pension Plan:
Joe O’Sullivan / www.royalmailpensionplan.co.uk