F&C launches Responsible Investment Adivsory Council
F&C Investments has announced the launch of its Responsible Investment Adivsory Council, appointing six experts on ethics, including Justin Welby, the archbishop of Canterbury as president of the Council.
The Council aims to help F&C maintain the integrity of the standards by which the ethically-screened funds in its Responsible Fund range are run by providing advice on ethical and sustainability criteria.
My role and that of the Council’s is to ensure the responsible investment fund range remains true to the spirit of its underlying principles,” said Justin Welby, president, F&C’s Responsible Investment Advisory Council. “I am particularly pleased to continue my involvement with F&C, and have seen from my previous experience how the fund range has benefited from the rigour and expertise of the Governance and Sustainable Investment team.
Alongside Welby, Howard Pearce, former head of pension fund management at the Environment Agency Pension Fund (EAPF) has been appointed as chair of the council.
Rosey Hurst, one of the founders of Sedex, a responsible supply chain initiative has been appointed as expert on labour standards.
Annemieke Wijn has been appointed as expert on sustainable sourcing standards, she is currently active in NGO board positiosn such as the Rainforest Alliance.
Ylva Lindberg, a former member of the Council on Ethics for the Norwegian Pension Fund will be responsible for assessing companies’ performance against ethical standards.
Martin Smith is part of F&C’s Executive Management Committee and head of Product Management. Mr. Smith joined F&C in 2001 as a UK equity fund manager, later becoming head of Equity Research and then head of Specialist Equities.