• Research & Reports

IPE – Swiss retailer makes ESG standards mandatory for external managers

on

- Promotion -

The CHF23.8bn (€20.2bn) pension fund for the Swiss retail giant Migros has started to roll out a new sustainable investment strategy.

The Migros Pensionskasse (MPK) said all external managers would be required to adhere to “minimum environmental, social and governance [ESG] standards”.

“These will be based on Swiss laws and international conventions Switzerland is supporting,” the fund said in its latest annual report.

In addition, MPK said it would engage with its largest shareholdings in foreign companies as an active shareholder.

Partner Insights

Must Read

Large Brands to Shoulder Cost of Eco-Friendly Packaging

Stockholm (NordSIP) - According to a report by S&P Global Ratings, the cost of more eco-friendly packaging - a demand of the anti-plastic movement...