The
division -- established in 2009 and touted as a best-in-class investment
structure for the world's largest pension funds -- severely
underperformed its internal benchmark this past year.
Companies are increasingly outsourcing risk by offloading defined
benefit pension scheme liabilities, research from consultants Hymans
Robertson shows.
Signatories to the compact are committed to reporting
annually on company progress in implementing
environmental, labor, social and corporate governance goals.