05 September 2007, Investment and Pensions

Europeans make progress on UN investing principles

Some of Europe's most prominent pension fund and money managers are heeding the call made nearly a year ago when the United Nations launched its Principles for Responsible Investment, writes Thao Hua.

PGGM direcly invests in Climate Change Capital Ltd., London, a specialist asset manager focused on carbon credit trading and emissions reducing projects. So far the pension fund has committed  €200 million to Climate Change Capital Carbon Fund II.

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