The National Union of Mineworkers has chosen the Co-operative Asset Management to manage its investments.

TCAM’s responsible investment approach, which incorporates environmental, social and governance analysis when selecting companies for investment, was only recently made available to institutional investors.

Chris Kitchen, Secretary of the NUM said: “The Co-operative were an obvious choice for managing our investments because of the similarities between the values and principles of the two organisations.

“We believe the responsible approach will deliver the good investment returns that we demand whilst being used to positively influence companies in which it invests.”