In January 2021 Our Press Release 17 on CPF & Rio Tinto questions the CPF new investing in Rio Tinto, “carbon footprint” and lack of understanding of global events in 2020.
2021 Further updates on Rio Tinto, and what the LAPFF has published…….
- Local Authority Pension Fund Forum – 3 March 2021 LAPFF Press Release on Rio Tinto and Engagement
- FT – Investors vote against pay report after cave destruction
- Guardian – Grovelling apologies fail to get Rio Tinto out of a hole
- EU Reporter – Rio Tinto’s proposed Jadar Valley mining in Serbia
- BBC – Rio Tinto Chief Steps Down
- Guardian – Rio Tinto Chief Steps Down
- The Times – ESG and Ethical Investing “because few truly ethical investors would approve of the fact that the company last year destroyed two ancient Aboriginal sites in Australia to build an iron ore mine, leading to the resignation of its chief executive and two other executives”
JANUARY 2021 Press Release 17 on CPF & Rio Tinto questions
- The 2020 environmental and culturalism vandalism in Australia attracted global condemnation Destruction of Aboriginal site by Rio Tinto (BBC)
- Yet at that point in 2020 CPF made a new direct £3.6m investment in Rio Tinto, AND also published its first “carbon footprint”
- Meanwhile what the world really needs is vaccines and PPE
- Did anyone conduct any due diligence, or know what was going on globally, or really understand ESG investing – or is it just CPF Greenwash
- PAC Public Accounts Committee report – UK Government “lacks a plan for how it will achieve net zero greenhouse gas emissions by 2050”
Other 2021 Members Forum Press Releases
ALL OF OUR MEMBERS FORUM PRESS RELEASES