Nest has set out plans to move to its default pension strategy towards a net-zero investment portfolio by 2050, with at least £5.5bn of equities pledged to climate aware strategies.
By improving their stewardship activity and collaborating together, schemes can reduce the burden on resources, says Lauren Peacock.
ESG is increasingly important for schemes but trustees have little influence over manager decisions. Pádraig Floyd asks what they can do to redress the balance.
While the pensions industry’s approach to ESG has changed considerably since three years ago, there are still opportunities for schemes to take advantage of, says Lauren Peacock.