A specialist governance research and engagement service called Regnan
has been set up in Australia by eight institutional investors and the
country’s largest university.
Erik Mather, managing director of the new service, said: ‘The creation
of Regnan provides the opportunity for some of the world’s leading
institutional investors to work together to improve the environmental,
social and governance (ESG) performance of companies and ultimately the
performance of their own investments.
‘Regnan marks ESG’s transition from niche industry to influential mainstream investment practice.’
The founding companies, together representing investment of a $350billion ($286bn, £142bn), are Aria, BT, Hermes, Hesta, LGSS,
Vanguard, VFMC and VicSuper. Research contributions will be made by
Monash University’s sustainability enterprises department.
Further information: Erik Mather, 0061 (0)418 169614