Greenwich Pension Fund exposure to Maersk

Dear Sir/Madam,

FOI request: FOI-3473

Thank you for your request dated 10/02/2025

Your request will be answered by 10/03/2025

If you have any queries about this request, please contact me, quoting the reference number above.

Yours sincerely,

David White
Head of Information, Safety and Community Services
Directorate of Communities, Environment and Central
Royal Borough of Greenwich

 3rd Floor, The Woolwich Centre, 35 Wellington Street, London, SE18 6HQ
http://www.royalgreenwich.gov.uk/

 Please consider the environment before printing this email

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Dear Sir/Madam,

FOI request: FOI-3473

Thank you for your request dated 10/02/2025

Our response is as follows:

1. What is your total exposure to Maersk, trading name "A.P. Moller -
Maersk" (sometimes spelled "A.P. Møller - Mærsk") also known as Maersk?

The Royal Borough of Greenwich Pension Fund’s total exposure to “ A.P.
Moller Maersk”, as of 31 December 2024 was £156,960.

2. What is the breakdown of the above exposure, as per fund managers and
individual funds? Could you please provide the total market value at the
fund level, along with the values weight as a percentage of the fund.

Company Name Fund Manager Fund Name Total Exposure (£)
Aquila Life Global 3000
A P MOLLER MAERSK Blackrock Fundamental Weighted £156,960
Index Fund

As of 31 December 2024, the total market value of the Royal Borough of
Greenwich Pension fund was £1,745,690,763. Investment in A P MOLLER MAERSK
represents 0.00899% of the total fund value.

If you have any queries about this correspondence, please contact me,
quoting the reference number above.

If you are not satisfied with our response to your request, you can ask
for an Internal Review.  Internal review requests must be submitted within
two months of the date of receipt of the response to your original
request.  If you wish to do this, please contact us in writing, setting
out why you are dissatisfied.

If you are not satisfied with the outcome of the Internal Review, you may
apply directly to the Information Commissioner (ICO) for a decision. 
Generally, the ICO cannot make a decision unless you have exhausted the
Internal Review procedure provided by the Council. You can contact the ICO
by emailing [1][email address], or by post at Customer Contact,
Information Commissioner's Office, Wycliffe House, Water Lane, Wilmslow,
SK9 5AF.

Yours sincerely,

David White

Head of Information, Safety and Community Services

Directorate of Communities, Environment and Central

Royal Borough of Greenwich

*   3^rd Floor, The Woolwich Centre, 35 Wellington Street, London, SE18
6HQ

8 www.royalgreenwich.gov.uk

ü Please consider the environment before printing this email

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