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Finnish manager sets up ESG committee, brings in university professor

Fondita has appointed a committee including managers, an analyst and a university professor to monitor its sustainable investments.

Associate Professor at Hanken School of Economics Hanna Silvola | Photo: PR

EUR 760m manager Fondita, which is based in Finland, has established an ESG committee to increase its focus on environmental, social and governance-based investments.

On its website, the manager writes that the aim of the group is to "ensure that the required level of regulatory reporting is maintained, anticipate sustainability trends and changes and, where necessary, discuss norm breaches or other company specific ESG issues."

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