|
Kommunal Landspensjonskasse
Kommunal Landspensjonskasse Gjensidig Forsikringsselskap or KLP is an Oslo-based mutual insurance company that manages the pensions of municipal employees in Norway. As of 31 March 2021, the fund had assets of NOK 813.5 billion (US$95.1 billion), with 337 municipal and county authorities, 31 health trusts and 2,300 public sector firms as clients. Norway's largest pension fund, KLP was established in 1949. Until 1974 the portfolio was managed by Norsk Kollektiv Pensjonskasse, after which KLP received its own license. KLP Eiendom is a major subsidiary that manages real estate in Norway and Denmark. State employees are insured through the Norwegian Public Service Pension Fund. Ethical divestment KLP has a long track record of ethics-based financial divestment, is a member of the United Nations Principles for Responsible Investment (UNPRI) and publishes detailed explanations about why it excludes certain investments. KLP also shares its ESG analysis with the Government Pension ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mutual Organization
A mutual organization, or mutual society is an organization (which is often, but not always, a company or business) based on the principle of mutuality and governed by private law. Unlike a true cooperative, members usually do not contribute to the capital of the company by direct investment, but derive their right to profits and votes through their customer relationship. A mutual organization or society is often simply referred to as ''a mutual''. A mutual exists with the purpose of raising funds from its membership or customers (collectively called its ''members''), which can then be used to provide common services to all members of the organization or society. A mutual is therefore owned by, and run for the benefit of, its members – it has no external shareholders to pay in the form of dividends, and as such does not usually seek to maximize and make large profits or capital gains. Mutuals exist for the members to benefit from the services they provide and often do not pa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Norwegian Public Service Pension Fund
Norwegian Public Service Pension Fund ( no, Statens Pensjonskasse) is a Norwegian government agency responsible for the extra pensions paid to state employees. There are in excess of one million members, and it has total assets of NOK 270 billion. All state employees are granted an extra pension of 2% of their gross wages, paid from 67 years of age. Municipal and county employees have their extra pensions managed by Kommunal Landspensjonskasse (KLP). The Pension Fund also manages the extra pensions from a number of government-owned enterprises. See also * Pensions in Norway Pensions in Norway fall into three major divisions; State Pensions, Occupational Pensions and Individual or personal Pensions. State pensions (Alderspensjon) All Norwegians citizens are entitled to get a state pension from the age of 67 in acco ... Government agencies of Norway Financial services companies of Norway 1917 establishments in Norway {{europe-bank-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Norwegian Parliament
The Storting ( no, Stortinget ) (lit. the Great Thing) is the supreme legislature of Norway, established in 1814 by the Constitution of Norway. It is located in Oslo. The unicameral parliament has 169 members and is elected every four years based on party-list proportional representation in nineteen multi-seat constituencies. A member of Stortinget is known in Norwegian as a ''stortingsrepresentant'', literally "Storting representative". The assembly is led by a president and, since 2009, five vice presidents: the presidium. The members are allocated to twelve standing committees as well as four procedural committees. Three ombudsmen are directly subordinate to parliament: the Parliamentary Intelligence Oversight Committee and the Office of the Auditor General. Parliamentarianism was established in 1884, with the Storting operating a form of "qualified unicameralism", in which it divided its membership into two internal chambers making Norway a de facto bicameral parliament, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Union Network International
UNI Global Union, formerly Union Network International (UNI), is a global union federation for the skills and services sectors, gathering national and regional trade union. It has affiliated unions in 150 countries representing 20 million workers. The head office is in Nyon, Switzerland. UNI Global Union ratified over 50 Global Framework Agreements with multinational corporation as of 2021. History UNI was the result of the merger of four organisations: International Federation of Commercial, Clerical, Professional and Technical Employees (FIET), Media and Entertainment International (MEI), International Graphical Federation (IGF) and Communications International (CI). They merged on 1 January 2000, to form Union Network International. On 2 March 2009, the federation changed its name to UNI Global Union. Leadership General Secretaries :2000: Philip Jennings :2018: Christy Hoffman Presidents :2000: Kurt van Haaren :2001: Maj-Len Remahl :2003: Joseph T. Hansen :2010: Joe de ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
OECD
The Organisation for Economic Co-operation and Development (OECD; french: Organisation de coopération et de développement économiques, ''OCDE'') is an intergovernmental organisation with 38 member countries, founded in 1961 to stimulate economic progress and world trade. It is a forum whose member countries describe themselves as committed to democracy and the market economy, providing a platform to compare policy experiences, seek answers to common problems, identify good practices, and coordinate domestic and international policies of its members. The majority of OECD members are high-income economies with a very high Human Development Index (HDI), and are regarded as developed countries. Their collective population is 1.38 billion. , the OECD member countries collectively comprised 62.2% of global nominal GDP (US$49.6 trillion) and 42.8% of global GDP ( Int$54.2 trillion) at purchasing power parity. The OECD is an official United Nations observer. In April 1948, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
International Campaign To Ban Landmines
The International Campaign to Ban Landmines (ICBL) is a coalition of non-governmental organizations whose stated objective is a world free of anti-personnel mines and cluster munitions, where mine and cluster munitions survivors see their rights respected and can lead fulfilling lives. The coalition was formed in 1992 when six organisations with similar interests (France-based Handicap International, Germany-based Medico International, UK-based Mines Advisory Group, and US-based Physicians for Human Rights and Vietnam Veterans of America Foundation) agreed to cooperate on their common goal. The campaign has since grown and spread to become a network with active members in some 100 countries—including groups working on women, children, veterans, religious groups, the environment, human rights, arms control, peace and development—working locally, nationally and internationally to eradicate antipersonnel landmines. A prominent supporter was Diana, Princess of Wales. The orga ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Thailand
Thailand ( ), historically known as Siam () and officially the Kingdom of Thailand, is a country in Southeast Asia, located at the centre of the Indochinese Peninsula, spanning , with a population of almost 70 million. The country is bordered to the north by Myanmar and Laos, to the east by Laos and Cambodia, to the south by the Gulf of Thailand and Malaysia, and to the west by the Andaman Sea and the extremity of Myanmar. Thailand also shares maritime borders with Vietnam to the southeast, and Indonesia and India to the southwest. Bangkok is the nation's capital and largest city. Tai peoples migrated from southwestern China to mainland Southeast Asia from the 11th century. Indianised kingdoms such as the Mon, Khmer Empire and Malay states ruled the region, competing with Thai states such as the Kingdoms of Ngoenyang, Sukhothai, Lan Na and Ayutthaya, which also rivalled each other. European contact began in 1511 with a Portuguese diplomatic mission to Ayutthaya, w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ministry Of Foreign Affairs (Thailand)
The Ministry of Foreign Affairs ( Abrv: MFA; th, กระทรวงการต่างประเทศ, ) is the principal governmental department in charge of foreign relations for Thailand. The ministry is headed by the Minister of Foreign Affairs, who is also a member of the Cabinet of Thailand. The minister is appointed by the prime minister. The ministry is charged with formulating and executing foreign policies for the Kingdom of Thailand. The ministry manages and maintains Thai diplomatic missions around the globe. History Prior to the creation of the ministry, much of the country's foreign relations were handled by the absolute monarchs of the day. During the Kingdom of Ayutthaya foreign relations were handled by the "Krom Phra Khlang" ( th, กรมพระคลัง) (or the Treasury Department). The head of the department was known as "Phra Khlang" ( th, พระคลัง) and occasionally referred to as "Berguelang" or "Barcelon" by foreign authors. A ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Singapore Technologies Kinetics
ST Engineering Land Systems Ltd (STELS), Trade name, doing business as ST Kinetics, is a strategic business area of ST Engineering and handles land systems and specialty vehicles. In 2000, ST Engineering acquired the Chartered Industries of Singapore (CIS) through ST Automotive, a subsidiary of ST Engineering, and the new company was named ST Kinetics. Given the initial charter of CIS to support the local defence requirements, the main defence customer of ST Kinetics remains as the Singapore Armed Forces (SAF). Besides manufacturing small arms and munitions, some of STELS' key military products include the SAR 21 assault rifle, the Bionix AFV, the Bronco All Terrain Tracked Carrier and the Terrex ICV, Terrex APC. These weapons and ammunition are often made to the United States or NATO specifications for export. The company holds a number of subsidiaries overseas, mainly in the United States, Canada and China. Recent acquisitions between 2004 and 2009 have seen new construction ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sovereign Wealth Fund
A sovereign wealth fund (SWF), sovereign investment fund, or social wealth fund is a state-owned investment fund that invests in real and financial assets such as stocks, bonds, real estate, precious metals, or in alternative investments such as private equity fund or hedge funds. Sovereign wealth funds invest globally. Most SWFs are funded by revenues from commodity exports or from foreign-exchange reserves held by the central bank. Some sovereign wealth funds may be held by a central bank, which accumulates the funds in the course of its management of a nation's banking system; this type of fund is usually of major economic and fiscal importance. Other sovereign wealth funds are simply the state savings that are invested by various entities for the purposes of investment return, and that may not have a significant role in fiscal management. The accumulated funds may have their origin in, or may represent, foreign currency deposits, gold, special drawing rights (SDRs) and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Pension Fund Global
The Government Pension Fund of Norway ( no, Statens pensjonsfond) comprises two entirely separate sovereign wealth funds owned by the government of Norway. The Government Pension Fund Global, also known as the Oil Fund, was established in 1990 to invest the surplus revenues of the Norwegian Petroleum industry, petroleum sector. It has over US$1.19 trillion in assets, and holds 1.4% of all of the world’s listed companies, making it among the world’s largest sovereign wealth fund, sovereign wealth funds. In December 2021, it was worth about $250,000 per Norwegian citizen. It also holds portfolios of real estate and fixed-income investments. Many companies are excluded by the fund on ethical grounds. The Government Pension Fund Norway is smaller and was established in 1967 as a type of national insurance fund. It is managed separately from the Oil Fund and is limited to domestic and Scandinavian investments and is therefore a key stock holder in many large Norwegian companies, p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Environmental, Social And Corporate Governance
ESG (environmental, social, and corporate governance) data reflect the negative externalities (costs to others) caused by an organization with respect to the environment, to society and to corporate governance. ESG data can be used by investors to assess the material risk the organization is taking and by the organization itself as metrics for strategic and managerial purposes. Investors may also use ESG data beyond assessing material risks to the organization in their evaluation of enterprise value, specifically by designing models based on assumptions that the identification, assessment and management of sustainability-related risks and opportunities in respect to all organizational stakeholders leads to higher long-term risk-adjusted return. Organizational stakeholders include but not limited to customers, suppliers, employees, leadership, and the environment. Since 2020, there has been accelerating interest in overlaying ESG data with the Sustainable Development Goals (SDG ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
