In a new Position Statement on Financial Intermediary (FI) Lending, Dutch development bank FMO argues for limited responsibility over the outcomes of investments that are channeled through commercial banks, investment funds, and other financial intermediaries,…
Together with Follow the Money, SOMO investigated how pension funds are disposing of their investments in Russian bonds and shares. A month ago, PFZW (one of the biggest Dutch pension funds) and other pension funds…
Blackstone has more than US$ 46.1 billion ready to buy worldwide real estate such as offices and residential property. Currently Blackstone is a small player in the Netherlands, but the company has the potential to…
As the world’s poorest countries face dangerously high debt burdens, a powerful global interest group of the financial industry, the International Institute of Finance (IIF), frustrates structural debt relief initiatives by the G20. This is…
SOMO has provided input for IOSCO’s consultation, and raised some overarching concerns regarding more systemic problematic issues surrounding ESG ratings and the companies’ long term impacts on planet and people. IOSCO (and the OECD) have…