Responsible investment
Our approach
We believe that environmental, social and governance issues can affect the financial performance of companies. We have a responsibility to take these issues seriously and where appropriate, act upon them. We have also produced a Statement of Responsible Investment Principles.
We’ll pursue a policy of constructive engagement with companies on issues which are consistent with our fiduciary responsibilities. Our overriding obligation is to act in the best financial interests of the members of the funds. We’ll collaborate with other like-minded investors to pursue company engagement. The Local Government Pension Scheme (Scotland) Advisory Board produced guidance in a letter to Scottish Pension Funds on fiduciary duty. We also have an introductory guide to Responsible Investment Reporting and the Pensions Committee regularly receive reports at their meetings. The papers can be found at www.edinburgh.gov.uk/CPOL.
Fund position and publications
-
We held a session in October 2018 on our approach to responsible investment as we regularly receive lobbying for divestment of company shares. A video of this responsible investment session is available on YouTube.
- In-house equity investments and responsible investment
- LPF Engage Ezine
- Statement of Responsible Investment Principles
- Stewardship Code compliance
- PRI Annual Assessment 2020
- View our ESG collaborative partners
- Fund position on responsible investment, climate change and Bank Hapoalim
Voting and engagement
Hermes EOS quarterly voting record
Hermes EOS public engagement report
Hermes EOS quarterly engagement record
Hermes EOS engagement plan 2020 - 2022
Hermes EOS voting disclosure by company