Responsible Investor
October 16, 2012

The £11.2bn (€13.9bn) Strathclyde Pension Fund has put 24 global blue-chip companies under observation for compliance with international conventions and guidance on the environment, human rights and corruption.

The list has been drawn up by the Glasgow-based fund’s new responsible investment advisor, GES Investment Services, and includes some of the world’s foremost companies, such as BP, Google, HSBC, Microsoft, Nestle and Tesco.

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GES will coordinate the engagements with the fund’s asset managers Veritas, Oldfield Partners, Schroders, Baillie Gifford and Lazard.

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by Daniel Brooksbank

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