Fonds de Réserve pour les Retraites (“FRR”) names three providers of "extra-financial" advice

FRR, the €29bn French Pensions Reserve Fund, has named Vigeo, Eiris and Trucost as advisers to enable the FRR to achieve three objectives. These include: measuring the environmental, social and governance quality of its portfolio; assessing the extent the SRI investment approach contributes to sustainable development; and identifying the financial threats and opportunities to which it may be exposed.
This reporting program is also aligned with the UN Principles for Responsible Investment, which the FRR formally signed in April 2006. Vigeo will analyze the fund's €13.7billion European equities portfolio while Eiris will produce a report on compliance with international covenants. Trucost will assess the environmental footprint of the global equity portfolio, the threats to it and the opportunities available.
http://www.fondsdereserve.fr/spip.php?rubrique78

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