High-profile signatories across the UK pledge to find effective means to decarbonize their investment pipelines and portfolios.
Trustees and investment committee members at a number of UK pension schemes have pledged to do more to tackle climate change. The 'Climate Charter', hosted by industry body mallowstreet, is targeted at individuals including chairs, trustees and scheme managers, rather than schemes themselves. Signatories have committed to recommend to their boards that each of the scheme's investments is scrutinised for climate change impact, and that investment managers actively engage with the boards of the companies in which they are invested on climate issues.
Trustees are divided on whether a professional trustee should sit on every board. The early insight comes from the mallowstreet Trustee Survey, which is in partnership with the AMNT, PLSA and the PMI. The Survey is drawing to a close on 20th September but there is still time to have your say.