More to be done on sustainable investments despite ‘significant improvements’

The proportion of pension schemes seeking greater alignment or integration of sustainable investment beyond employer policies doubled from 20 per cent in 2021 to 40 per cent in 2022, analysis from Mercer has revealed. The group’s latest Responsible Investment Total Evaluation (Rite) report, which benchmarks around 1,000 schemes from across the defined benefit (DB) and defined contribution (DC) space, showed that schemes have made “significant improvements” in their sustainable investment credentials. In particular, the research found that 50 per cent of...