26.09.2012 - NZ Superannuation Fund excludes four firms from portfolio
New Zealand Superannuation Fund has excluded four companies from its $19 billion investment portfolio, following severe breaches of its responsible investment standards. The firms that were excluded from the fund's portfolio include Freeport-McMoRan, KBR, Tokyo Electric Power Company and Zijin Mining Group. NZ Superannuation Fund said this decision were based on information from its specialist screening agency which identified where the companies had breached global standards of good corporate behaviour such as the UN Global Compact...............................................Full Article: Source
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