In a press release launched late Thursday, La Caisse strongly rejects the allegations towards it and says that allegations and details should be corrected.
“For one, the vast majority of investments within the firms talked about usually are not immediately managed by La Caisse. They’re managed by intermediaries or are held by way of customary merchandise supplied to all traders. Moreover, La Caisse holds a really small share of shares in these firms, which limits its potential to immediately affect them. In precise reality, it owns lower than 0.1% of the vast majority of the businesses recognized,” the assertion reads.
“The remaining are largely multinationals, akin to Reserving, Airbnb or Alphabet (Google), which can be out there and used everywhere in the world and owned by a lot of traders. As well as, when La Caisse can’t train direct affect to encourage greatest practices, it does so by way of Federated Hermès, a globally acknowledged service supplier specialised in shareholder engagement. We anticipate all of those firms to fulfill the best requirements wherever they function.”
“Lastly, La Caisse wish to reiterate that it has additionally ceased any new engagement in Israel and the Occupied Palestinian Territories. La Caisse additionally reaffirms that it acts always in full compliance with all necessities of Canadian regulation and can proceed to behave in accordance with worldwide requirements on this matter wherever it operates. La Caisse takes its tasks as a worldwide investor very severely and is dedicated to proceed working in line with the best requirements of human rights.”
Albanese has been accused by the US Mission to the United Nations of creating “false and offensive claims” which it says mirror “malignant antisemitism” and has known as for her elimination, however the lawyer doubled down on her allegations Thursday as worldwide representatives to the UN met in Geneva to debate the report.