Stockholm (NordSIP) According to ShareAction, the UK-based charity focused on responsible investments, Schroder Investment Management deserves the place of most responsible institutional asset manager among a group of 40 European investment managers with collective AUM of EUR 21 trillion.
According to Schroder Investment Management’s press release, Jessica Ground, Global Head of Stewardship, Environmental, Social and Governance (ESG) at Schroder Investment Management, explains that her team has over the last two years consistently worked with client reporting, to produce more insightful and thematic research and to improve processes around corporate governance. It feels great to receive this recognition, she finds.
The study, conducted by ShareAction for the first time in such a scale, examined for example how companies measure the impact of their investment. It also considered how conflicts of interest were managed and if internal controls were aligned with the commitments made by the companies in signing the Principles for Responsible Investment (UN PRI).
Ranked second was Robeco Group, followed in order by Aviva Investors, Amundi, and Standard Life Investments. The worst performers were Deutsche Asset Management, KBC Asset Management, Union Investment, SEB, and BBVA Asset Management.
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