Lothian Pension Fund (LPF), the second largest local Government Pension Scheme provider in Scotland, will publish the fourth issue of its Economic, Social and Governance (ESG) ezine ENGAGE.
ENGAGE is a twice annual publication, designed to provide readers with an insight in to LPF’s approach to ESG and its responsible investment activities. This issue covers LPF’s approach to engagement to influence positive outcomes; how its works along with private debt managers to integrate ESG analysis into the investment process; and speaks to Dalmore Capital’s CEO, Michael Ryan on the importance of integrating ESG in infrastructure investment.
David Vallery, Chief Executive Officer of Lothian Pension Fund says: “This November the eyes of the world will be on Scotland for the COP26 Climate Talks in Glasgow. At LPF we take our climate responsibilities seriously, and we’ll be involved in a number of events during the course of the conference.
“Asset Owners will play a major role in the Energy Transition and our work with the Institutional Investor Group on Climate Change, Climate Action 100-plus, and the Transition Pathway Initiative demonstrate our continuing commitment to incorporating climate issues into our investment decisions.
“The internal team is continuing to work hard on incorporating industry best practice on climate, and further updates will be communicated in our reporting next year along with updates to our Statement of Responsible Investment Principles (SRIP) due next summer.
“While our primary responsibility is to pay our pension in full and on time, it’s important that we do so without funding destructive practices, and our SRIP is explicit in how we avoid that.
“Coming in to LPF, I was pleased to see how the firm is considered a leader in responsible investment, and I’m keen to build on this position. I hope this issue gives you greater insight into just some of the great work our team have been doing.”
