Devon Funds pushing companies on sustainability

(Image: Getty)

Thu, 09 Mar 2023

Investor pressure on companies, remuneration, cyber attacks and indigenous rights will be high on the agenda for Devon Funds Management in the year ahead.Devon Funds has released its first annual sustainability report, which highlighted its engagement, and sometimes disengagement, with the companies it invests in.Last year, Devon ditched Starbucks after saying it had lost confidence in the global coffee retailer’s long-term financial returns. Devon Funds operates several sustainable investment vehicles, the trans-Tasman Devon sustain...

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