A new clearinghouse has been established under the auspices of the United Nations to give institutional investors and like-minded shareholder activists a chance to share information about corporate initiatives on environmental and social matters.
The UN Principles for Responsible Investment program and its “Engagement Clearinghouse,” as it is known, launched last year. It has scores of signatories from around the world, including activist titans such as Hermes Pensions Management, the New York City Employees Retirement System, and the California Public Employees Retirement System. In total the signatories control more than $2 trillion of investment dollars.
