Are Pension Funds going to help companies become more sustainable and responsible?

Colin Melvin, the Chief Executive of Hermes Equity Ownership Services, argues in a piece published on the BBC website a fortnight ago that pension funds are now going to be more active in ensuring good governance, a more long-term view, sustainability and responsibility. If he is right, that would be most welcome ("Pension funds tackle short-termism",
http://news.bbc.co.uk/2/hi/business/8003099.stm at 1302 GMT on 11May09) Sphere: Related Content