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Cover Story: ESG becoming mainstream

IN recent weeks, while the world’s largest glove maker Top Glove Corp Bhd grappled with a Covid-19 outbreak at its staff accommodations in Klang, which led to investigations by the authorities of the group’s operations in five other states, the investor relations (IR) official at another glove company received various enquiries from fund managers seeking assurances that it did not share the same workers’ problems. Last week, the Ministry of Human Resources opened 19 investigation papers against six companies related to Top Glove for failure to apply for an accommodation certificate from the authorities, which led to the discovery of other offences, including crowded, uncomfortable accommodation and lack of proper ventilation.

Liberty Mutual Insurance Joins the UN-Supported Principles for Responsible Investment as First U S Property and Casualty Insurer

Share this article Share this article BOSTON, Dec. 10, 2020 /PRNewswire/ As part of its ongoing commitment to environmental, social, and governance (ESG) progress, Liberty Mutual Insurance today announced that it has become a signatory of the United Nations-supported Principles for Responsible Investment (PRI). Liberty Mutual is the first U.S. Property and Casualty (P&C) insurer to join the leading international network of institutional investors committed to including ESG factors in their investment decision making. As a global insurer and investor, Liberty Mutual has a broad set of opportunities to address important ESG considerations through its business and investment decisions. The company has been committed to ESG principles for decades and its Office of Sustainability was established to deliver an integrated ESG strategy across the enterprise.

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