SEIU Capital Stewardship - Europe

The Service Employees International Union (SEIU) is a leading voice in North America on responsible and sustainable investment. SEIU members participate in 48 public pension schemes and 19 private pension schemes with nearly $1 trillion in assets, representing over 16% of all U.S. pension assets.

SEIU has advocated greater shareholder rights, good corporate governance and transparency, alignment between executive compensation and shareholder interest, responsible banking and lending practices, regulatory oversight of hedge funds and private equity, and respect for internationally-recognized Conventions and Treaties in the investment process.

In addition to the large schemes in which our members participate, the SEIU Master Trust manages $1.6 billion on behalf of 50,000 participants and beneficiaries. The SEIU Master Trust is an active owner of its equity investments through shareholder resolutions, the Council of Institutional Investors and the UN PRI.

In 2009, the SEIU Master Trust filed the shareholder resolution which successfully separated the CEO and Chair at Bank of America Corporation.

SEIU is the fastest growing trade union in North America, with 2 million public and private sector members in the United States and Canada. Our members work primarily in public service delivery, health care, long term care and property services.