“Exclusive – World Bank’s pension investments clash with principles” – Reuters – May 4, 2015

On May 4, 2015 Reuters published an article that alleges that investments made by the World Bank staff pension fund clash with the principles the institution promotes. “The World Bank indirectly invests part of its $18.8 billion (£12.4 billion) staff pension fund in companies in industries such as coal and tobacco, holdings that clash with the development institution’s own calls for ethical and low-carbon investing.”

You may read the article on the Reuters internet site.