The 'S shouldn't be the poor relation in ESG' - press release - LCP

Trustees can improve the management of their pension schemes by taking better account of the social element of ESG, according to LCP who have argued the S shouldn’t be treated as the ‘poor relation’ in ESG.

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... In their response to the DWP’s call for evidence on Consideration of social risks and opportunities by occupational pension schemes, LCP points out that the data quality of social-related factors is not as good and less available than climate-related data and it may also be less clear cut when it comes to the impact on company performance. Clearer guidance for companies to report consistent and standardised data around their social practices would be a significant step forward.

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