Scottish Widows to Sell Shares in Companies That Fail ESG Standards -FT
09 Novembro 2020 - 3:56AM
Dow Jones News
--Scottish Widows--the life insurance and pensions arm of Lloyds
Banking Group PLC--will sell 440 million pounds ($578.7 million) of
shares in companies that fail to meet its environmental, social and
governance standards, the Financial Times reports.
--The FT says Scottish Widows will sell shares in companies that
derive more than 10% of their revenues form thermal coal and tar
sands, manufacturers of controversial weapons and violators of the
UN Global Compact on human rights, labour, environment and
corruption.
Full story: https://on.ft.com/2Ii4H8C
Write to Barcelona editors at barcelonaeditors@dowjones.com
(END) Dow Jones Newswires
November 09, 2020 01:41 ET (06:41 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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