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Canadian pension giant halts deals with DP World over chief’s Epstein ties

Financial Times
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A Canadian pension fund, one of the world’s largest, suspended all transactions with Dubai-based logistics firm DP World due to its CEO’s past ties to Jeffrey Epstein. The decision follows revelations about Sultan Ahmed bin Sulayem’s association with the convicted sex offender, prompting ethical concerns and reputational risks for the pension fund. The halt affects ongoing and future investments, signaling growing scrutiny of corporate leaders’ personal connections amid heightened ESG (environmental, social, governance) standards. DP World, a global port operator, has not commented publicly on the suspension or its CEO’s relationship with Epstein. The move reflects broader financial sector trends where institutional investors increasingly prioritize ethical due diligence over potential returns.
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Source: Financial Times

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