The Cornwall Pension Fund’s Pensions Committee has a fiduciary duty to act in the best interest of its members.
To do this, the Committee recognises the importance of managing:
- Social and
- Governance (ESG) issues
This includes climate change.
The Fund has made great progress this year, improving its policies on both:
- Responsible Investment; and
- climate change.
As part of this process, the Committee has committed to increasing its allocation to sustainable and low carbon assets.
The Fund aspires to be at the forefront of responsible investment practice.
The Responsible Investment Policy sets out the Committee’s approach to Responsible Investment. It details the actions taken on behalf of the Fund’s members and other stakeholders to:
- enhance long-term risk adjusted returns; and
- protect the fund from Environmental, Social and Governance (ESG) and reputational risks.
View the full Responsible Investment Policy.
The following report sets out the Fund’s responsible investment beliefs. As well as the work which has been done over the course of the year: