The asset manager is stepping up to the plate in the face of the Orpea scandal.
Destabilized by the book The Gravediggers, vilified by the government and the deputies, the management of Orpea is now criticized by one of its main shareholders. If the first two, Canada Pension Plan Investment Board (14.5%) and Peugeot Invest Assets (5.1%), remain silent, the third, Mirova (3.9%), formalizes his anger.
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Present in the capital of Orpea since 2012, this asset manager specializing in responsible investment demands accountability. “Faced with the scale of the scandal that questions the information you have provided to us in recent years, we have decided to make our questions and our desire for change public.“, write the leaders of Mirova in a letter to CEO Philippe Charrier.
“The points of our discussions that have remained pending – namely the effective implementation of measures aimed at guaranteeing the protection of the physical and mental health of residents as well as the quality of life at work of employees – must now be…
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