Ian Fraser
12 Dec 2010
Scotland’s largest pension fund is considering disinvesting in Royal Bank of Scotland shares over concerns about poor environmental, social and corporate governance at the Edinburgh-based bank.
Strathclyde, which signed the UN Principles of Responsible Investment in 2008, is also considering disinvesting in other companies – including Gazprom, Petrobras, General Dynamics, Royal Dutch Shell, Bank of America – in its hall of shame. Most were considered to have performed worse than RBS in environmental, social and corporate governance (ESG).



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