Responsible investment isn’t new us. In fact, the Scheme has been investing in green bonds – funding environmental and climate-positive project like railways and wind farms – since 2017. The Scheme Trustee takes responsible investing very seriously and believes it’s central to getting good investment returns over the long term.
As a result of our 2020 investment review, we’re committed to increasing our investment in companies that have stronger sustainability characteristics and lower carbon footprints, as well as achieving 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.
We’ll continue to review our investment strategy regularly , and look for more opportunities for investing responsibly.
You can find out more about this in our Statement of Investment Principles.