SellaTheChemist on Nostr: You’ll think me a naive fool but I’m appalled to discover that I am complicit in ...
You’ll think me a naive fool but I’m appalled to discover that I am complicit in the Thames Water disaster. USS the university pension fund holds 20% of the shares. It just shows that the USS managers were happy to focus their “fiduciary duty” of pulling in dividends but clearly put no pressure on TW to act responsibly on environmental matters or on ensuring the long term viability of the business. In other words, USS “investors” were happy to asset strip the business.
Published at
2023-07-01 07:37:19Event JSON
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"content": "You’ll think me a naive fool but I’m appalled to discover that I am complicit in the Thames Water disaster. USS the university pension fund holds 20% of the shares. It just shows that the USS managers were happy to focus their “fiduciary duty” of pulling in dividends but clearly put no pressure on TW to act responsibly on environmental matters or on ensuring the long term viability of the business. In other words, USS “investors” were happy to asset strip the business.\n\nhttps://files.mastodon.social/media_attachments/files/110/637/673/287/409/441/original/06f1108ae71936c2.png",
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