ESG for DB pension schemes: adding value not just compliance (webinar) - EY

EY hosted an ESG webinar last December (together with David Farrar, policy lead at DWP) attended by representatives of 85 major UK defined benefit pension schemes.

Only members with restricted access (ie. academics, asset owners, government and regulatory, independent advisers/trustees and sponsoring employers) can view this article. Please login or join to view.

...

The survey showed that ESG is rapidly moving up the agenda for trustees but much remains to be implemented:

  • Only a small minority of trustees (12%) have put a finalised strategy in place to address and report on climate change risk, with almost half (47%) still at the starting line
  • Nearly two thirds (64%) have agreed and are implementing ESG strategies related to investment risk and return, with a further 35% in advanced discussion
  • The vast majority (71%) of schemes are yet to consider the covenant and intergenerational impacts — and fairness — of ESG factors on different member cohorts

 If you were not able to join the webinar or would like to listen again, please click on the button below for a link to the recording.
 

Learn more here