We’ve long believed that, as a pension provider with a strong focus on social responsibility, we should be investing for good, as well as growing your savings. As a responsible investor, we manage investment risk with the aim of achieving consistent long-term growth – which is in your best interests.
Part of our approach to responsible investing is making investment decisions based on environmental, social and governance (ESG) factors, without impacting the growth of your pension savings.
We’ve been investing in green bonds, which focus on funding environmental and climate-positive projects such as railways and wind farms, since 2017.
As a result of our 2020 investment review, we’re committed to increasing our investment in companies which achieve good standards on:
- environmental factors such as carbon emissions and water management)
- social factors such as employee and local community relations), and
- governance factors such as board diversity and remuneration).
Over half the money in our Scheme will be invested in line with ESG principles by the end of 2021.
Find out more about our approach to RI in our Statement of Investment Principles (SIP).