UK. Consultants back ESG initiative for pension schemes
The UK pensions regulator’s guidance that pension schemes take into account environmental, social and governance (ESG) factors where they are financially material received a boost from investment consultants.
Twelve investment consultant firms have agreed to ensure clients are made aware of The Pensions Regulator’s (TPR) guidance. The firms are Allenbridge, Aon Hewitt, Barnett Waddingham, bfinance, Cardano, Hymans Robertson, JLT Employee Benefits, Lane Clark & Peacock LLP, Mercer, Quantum Advisory, Redington and Willis Towers Watson.
In a joint statement they said:“We believe that ESG is a fundamental part of success in long-term investing, therefore we are drawing the guidance to the attention of UK pension fund clients through a variety of routes such as putting consideration of ESG on trustee meeting agendas, issuing briefings and/or holding training sessions.”
Read more @ funds europe
