South Africa’s R2.7 trillion GEPF faces growing ESG data and governance test as pension capital comes under scrutiny
South Africa’s Government Employees Pension Fund (GEPF), the country’s largest public-sector pension fund and one of the continent’s biggest pools of institutional capital, is facing a broader governance challenge over how environmental, social and governance (ESG) information is assessed, verified and incorporated into investment decisions. With the fund holding more than R2.69 trillion in assets and more than 1.2 million active members, the quality of ESG analysis applied across its investment portfolio has implications well beyond the retirement savings...
