Responsible investment

We believe that environmental, social and governance issues can affect the financial performance of companies and that we have a responsibility to take these issues seriously and where appropriate, to act upon them.

The Fund will pursue a policy of constructive engagement with companies on issues which are consistent with the Funds' fiduciary responsibilities. Each Fund's overriding obligation is to act in the best financial interests of the members of the Funds. The Fund will collaborate with other like-minded investors to pursue company engagement.

Voting and Engagement is undertaken by Baillie Gifford and State Street on the funds which they manage on our behalf and by Hermes Equity Ownership Services on all other listed equities.

View the Fund's Statement of Investment Principles here.  View the recent Local Government Pension Scheme (Scotland) Advisory Board regarding letter to Scottish Pension Funds on Fiduciary Duty.  The Fund's position statement on responsible investment can be viewed here.


Our activities


LAPFF

Lothian Pension Fund is a member of the Local Authority Pension Fund Forum, which promotes socially responsible investment.
You can view the the engagement reports here and the latest e-bulletin here.


MSCI

The internal equities team uses data from MSCI to help assess ESG issues amongst the internal holdings. 



    Categories in Responsible investment
    Information on Responsible investment