Artigo
APG details 19 exclusions; plans ESG by asset class
APG Asset Management…has detailed the 19 companies it excludes from its portfolio – as well as outlining its plans to develop a formal environmental, social and governance (ESG) strategy...During the year APG made investments in…energy saving technologies. Among them was Biogreen Oil…Longyuan and…Infigen…APG said it would consider its investment in Daewoo over its gas operations in Burma, although it finds no grounds for divesting from Total over its Burma operations. It would also look at Vedanta Resources’ mining operations in Orissa… APG Exclusions: Aerostar [part of Raven Industries], Alliant Techsystems, GenCorp, General Dynamics, Goodrich, Hanwha, Kaman, Larsen & Toubro, L-3, Lockheed Martin, Magellan Aerospace, Norinco, Poongsan, Raytheon, SingTel, Textron, Tata, Valentec, Zodiac. [also refers to BP, Shell]