USS has welcomed the recent G7 leaders' declaration on climate change which include key commitments on reducing emissions and fossil fuel subsidies.
USS announced that it will acquire a 49.9% non-controlling stake in The Airline Group Limited (“Airline Group”).
USS announced that it will invest £392m in the UK’s largest airport on 24 October 2013.
USS announced that it has committed €150 million (£126m) in the form of a convertible loan to Globalvia Inversiones, S.A which is a portfolio of 20 core infrastructure companies based in seven countries around the world.
The fund first articulated its engagement approach to responsible investment (RI) in 1999 and has employed an in-house responsible investment team based within USS Investment Management Ltd to engage with companies on environmental, social and governance (ESG) matters for over a decade.
USS announced that it has acquired a 49.9% interest in Airport Link Company (ALC) from Westpac Essential Services Trust, managed by Hastings Funds Management Limited, adding to the stake USS already owns.
USS, in collaboration with three institutional investors and climate change specialists, Acclimatise, has launched “Managing the Unavoidable: investment implications of a changing climate”.
Concerns over weaknesses in the international accounting framework have been raised in a paper issued by a group of major European institutional investors, including Universities Superannuation Scheme Limited.
Read how we implement our commitments to the UK Stewardship Code and summarise our responsible investment activities and outcomes across all our asset classes.
