NZ Super: managers must meet ESG mandates within five years
The New Zealand sovereign fund is placing a deadline on improvements, and says there's no place for the unwilling or the unready
Within five years, all fund managers employed by New Zealand Superannuation Fund (NZ Super) in Asia, or real assets that the fund intends to acquire, will be expected to meet best-in-class ESG standards or will not be hired or bought.
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