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Home / News / BMO Gam, M&G and Rathbones among £3trn investor group demanding answers on school meals scandal
BMO Gam, M&G and Rathbones among £3trn investor group demanding answers on school meals scandal
Footballer Marcus Rashford has drawn attention to meagre food parcels being sent to disadvantaged families
BMO Gam, M&G Investments and Rathbones are among a £3trn investor group demanding answers on meagre food parcels that have been delivered to financially-struggling families in the UK during the latest coronavirus lockdown.
This week, social media has been flooded with angry posts, which have been picked up by national press, regarding meagre food packages supposed to feed children for up to 10 days. These were sent out by Chartwells, a subsidiary of Compass Group contracted by the UK government to issue food parcels to children who normally obtain free school meals – but have not been able to due to the national lockdown.
By Natalie Kenway
Investment firms representing $9trn commit to supporting the goal of net zero greenhouse gas emissions by 2050 or sooner
Asset managers representing $9trn of assets under management (AUM) have signed the newly created Net Zero Asset Managers initiative to support global efforts in reducing greenhouse gas emissions.
Coinciding with the fifth anniversary of the Paris Climate Agreement (on 12 December), Fidelity International, AXA Investment Managers, Legal & General Investment Management, Schroders, BMO Global Asset Management, DWS and Robeco are among the 30 founding signatories for the new initiative, put in place by six investor networks including the Institutional Investors Group on Climate Change (IIGCC).