Sustainability Community

Good morning Community,

On March 21st we will meet with @David Russell and Elaine Xu for our monthly networking online meetup and explore the theme of "sustainability from asset owner's perspective". Book your place here.  To that end, I am sharing a few resources here, perhaps of interest for you.

Top 25 pension funds and their involvemed in Sustainability rating. Source UK Parliament

FTSE Russell Global Survey: Findings from asset owners on whether sustainable investments are becoming a maturing story for them. Key findings include:

• After 5 years of steady growth, sustainable investment registers a slow down in terms of implementation and evaluation
• Barriers to increased sustainable investment adoption are still apparent but on a downward trend
• Governance themes are the priority having significantly risen across all regions
• Top rationale for implementing sustainable investment is member or client demand

BP Pension Fund's approach to TCFD Reporting from www.pensionforpurpose.com

It will be interesting to hear from members who work at or with asset owners and hear your insights on whether sustainability is in fact becoming an "easy" choice and if not what stops that from happening sooner?

Attachment(s)

BP Pension Fund approach to TCFD.pdf   1.36 MB 1 version

Top 25 pension funds and engagement ins ustainability lis...pdf   382 KB 1 version

FTSE Russell Asset Owner Sustainability Report 2023.pdf   2.34 MB 1 version

Institutional investors like pension funds and SWFs have put great emphasis on sustainability as part of the due diligence. 

A recent UK ruling also mentions how sustainability should form part of pension trustee fiduciary duty.

Looking forward to meeting all in the online meet later this March .

https://www.responsible-investor.com/legal-body-publishes-groundbreaking-review-of-uk-fiduciary-duty-and-sustainability/#:~:text=%E2%80%9CThe%20FMLC%20paper%20makes%20clear,is%20wholly%20consistent%20with%20fiduciary