ESG

Companies with poor pay or governance practices could face divestments from savers aged over 40 with women leading the way, a Legal & General Investment Management (LGIM) survey finds.

Many schemes are only at the start of their ESG journeys and are likely to be confused by reporting requirements as they also grapple with the ongoing Covid-19 pandemic, says the Pensions and Lifetime Savings Association (PLSA).

PP’s expert panel discusses the implementation and integration of ESG into investment

Investors must keep up with the opportunities and challenges arising from disruption off the back of climate change and technological advances, says Julian Lyne.

Almost all employers are now facing challenges when providing their staff with a workplace pension, according to Smarterly.

The Parliamentary Contribution Pension Fund has been criticised for continuing to invest in fossil-fuel heavy companies despite a push into renewable energies.

PensionBee has confirmed it has partnered with Legal & General with plans to launch the nation’s first fossil fuel-free fund.

Guy Opperman says he will not slow down on aiming to implement “ambitious” programmes to tackle climate change while the government will also continue to intervene where it feels the industry is not doing enough.

A consultation has been launched on guidance to help schemes get to grips with assessing, managing, and reporting climate-related risks in-line with Task Force on Climate-related Financial Disclosures (TCFD).

Sackers has published its fourth guide for trustees on ESG and climate change-related risks, designed to help compliance with upcoming regulatory requirements.