Press Release: General Board of Pension and Health Benefits—Two Award Announcements
July 1, 2015
For Immediate Release
Contact: M. Colette Nies, Managing Director, Communications
(847) 866-4296 or email@example.com
Glenview, IL—The General Board of Pension and Health Benefits (GBPHB) has two award announcements. (Complete details below.)
GBPHB Awarded Second Consecutive NBGH “Best Employers for Healthy Lifestyles—GOLD”
GBPHB’s Center for Health was honored by the National Business Group on Health (NBGH), a non-profit association of large U.S. employers, with a “Best Employers for Healthy Lifestyles” GOLD Award for its ongoing commitment and dedication to promoting a healthy work environment and encouraging workers and families to maintain healthy lifestyles.
GBPHB’s Center for Health was among 64 U.S. employers that received the 2015 Best Employers for Healthy Lifestyles® award at the Leadership Summit on June 17 sponsored by the NBGH’s Institute on Innovation in Workforce Well-being. This is the second consecutive GOLD award received by GBPHB, following a PLATINUM Award in 2012.
GBPHB Sustainable Investing Report Awarded International Commendation
GBPHB and its Wespath Investment Management division received a Responsible Investor Reporting Awards 2015 commendation for its 2014 Sustainable Investing Report during an event on June 2, 2015 in London, U.K.
As announced in April, RI Reporting Awards 2015 recognize the highest standards in the disclosure of responsible investment activities by global asset owners. The RI Reporting Awards 2015 showcase excellence in responsible investment and environmental, social and governance (ESG) reporting, encouraging best practices in transparency, public disclosure and accountability that lead to higher standards and enhance the credibility of responsible investment.
From 1,200 international organizations originally researched, GBPHB was one of 16 worldwide organizations nominated for recognition and, with CalPERS (California Public Employees Retirement System), one of only two from the U.S.
The General Board of Pension and Health Benefits (GBPHB), and its Wespath Investment Management division, is a not-for-profit administrative agency of The United Methodist Church, with Church-authorized fiduciary responsibility for the benefit plans it administers and the assets it invests.
Prudent investment management decisions are an ongoing, long-term priority, supporting benefit plans for over 91,000 participants and approximately $21 billion in assets managed on their behalf, and for many United Methodist-affiliated endowments, foundations and other institutions. This fiduciary obligation reflects the stated values of the Church and helps ensure financial, environmental and social sustainability across all investments.
GBPHB/Wespath is the largest reporting faith-based pension fund and among the top 100 pension funds in the United States. As a sustainable investor, GBPHB/Wespath is committed to active ownership through corporate and public policy engagement, proxy voting and the management of excessive sustainability risk. Through its Positive Social Purpose Lending program, GBPHB/Wespath invests in affordable housing, community development and expanded loan opportunities for disadvantaged communities worldwide.
About Responsible Investor
Launched in June 2007, Responsible Investor (RI) is the only dedicated news service reporting on responsible investment, ESG (environmental, social and governance) and sustainable finance for institutional investors globally. Responsible Investor also organizes a series of highly successful conferences focusing on how investors integrate RI and ESG factors into their investment analysis and decision-making processes: RI Asia, RI Europe and RI Americas; see www.responsible-investor.com.
About the National Business Group on Health
The National Business Group on Health is the nation's only non-profit organization devoted exclusively to representing large employers' perspective on national health policy issues and helping companies optimize business performance through health improvement, innovation and health care management. The Business Group leads initiatives to address the most relevant health care issues facing employers today and enables human resource and benefit leaders to learn, share and leverage best practices from the most progressive companies. Business Group members, which include 71 Fortune 100 companies, provide health coverage for more than 50 million U.S. workers, retirees and their families.