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17 Sep 2018

Philippines: Report alleges 'opaque investments' in coal projects that are causing environmental & social harms; some investors respond

The report, "Broken Promises: The World Bank, International Investors and the Fight for Climate Justice in the Philippines," raises serious allegations concerning various companies' support of coal power plan projects in the Philippines through 'opaque' investments' that are causing 1) derailment of international efforts to limit global temperature, 2) forcible displacement of people living near plant sites, 3) dangerous air and water pollution, and 4) threats, harassment, and even murder of environmental defenders.

Business & Human Rights Resource Centre invited 19 investor-companies to respond. These were: 1) Alaska Permanent Fund 2) APG Asset Management 3) AMF Pensionsforsakring AB 4) BlackRock 5) British Columbia Management 6) Caisse de Depot et Placement du Quebec 7) Canada Pension Plan Investment Board 8) Forsta AP-Fonden 9)  Pensions Myndigheten-Sweden 10) Government Pension Investment Fund of Japan 11) Norges Bank Investment Management12) Nuveen LLC 13) Oregon Public Employees Retirement System 14) PGGM Vermogensbeheer B.V. 15) CalPERS 16) State of Wisconsin Investment Board 17) Texas Permanent School Fund 18) Vanguard Group, and Cathay United. 

The following investor-companies sent responses and these are linked below: APG Asset Management, Cathay United, AMF Pensionsforsakring AB, Canada Pension Plan Investment Board, and Norges Bank Investment Management. The other investor-companies did not respond.

Respuestas de la empresa

Alaska Permanent Fund

Sin respuesta

BlackRock

Sin respuesta

British Columbia Investment Management

Sin respuesta

Caisse des Dépôts

Sin respuesta

Canada Pension Plan Investment Board Ver respuesta
Cathay United Ver respuesta
Forsta AP-Fonden

Sin respuesta

Pensions Myndigheten -Sweden

Sin respuesta

Government Pension Investment Fund of Japan

Sin respuesta

Norges Bank Investment Management (NBIM) Ver respuesta
Nuveen

Sin respuesta

Oregon Public Employees Retirement System

Sin respuesta

CALPERS

Sin respuesta

State of Wisconsin Investment Board

Sin respuesta

Texas Permanent School Fund

Sin respuesta

Vanguard

Sin respuesta

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