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UN PRI cuts its teeth with first public investor campaign
Signatories to the United Nations Principles for Responsible Investment (UNPRI) got their first taste of public action earlier this month when investors representing $2.13 trillion in assets, announced they were targeting companies paying lip service to human rights and labour issues as part of their commitment to the UN Global Compact...Companies listed as overdue in reporting progress on the Compact include Standard Chartered, ArcelorMittal and Bouyges Telecom in France. In total, the investors wrote to chief executive officers of 103 companies in more than 30 different countries. [also refers to PetroChina]