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Laxman Pai, Opalesque Asia:

A group of 35 investors managing over $5.7 trillion in assets have come together in a new alliance committed to building healthier, fairer societies.

According to a press release from ShareAction, the NGO working globally to define the highest standards for responsible investment, the Long-term Investors in People's Health initiative, led by ShareAction and supported by The Health Foundation and Guy's & St Thomas' Foundation, is uniting asset managers and asset owners that want to prioritize population health.

"Investors have an enormous influence on people's health through the companies they invest in - which shape the physical and mental health of workers, customers, and wider society. Yet most investors are overlooking health as an ESG issue, partly because of the lack of good quality and comprehensive data," the release said.

The new initiative will give investors the tools to improve health outcomes for workers, consumers, and communities, by sharing best practices and creating opportunities to collaborate on corporate engagement. Investors are asked to commit to embedding health into their policies and practices and use their influence to accelerate impact throughout the investment sector.

Signatories across the UK, America, Japan, and the Netherlands include Legal and General Investment Management, Hermes Investment Management, Mitsubishi UFJ Trust & Banking Corporation, the Local Authority Pension Fund Forum, Ameri......................

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