Lothian Pension Fund continues to meet the expected standard of reporting and remains a signatory to the UK Stewardship Code. Read the LPF Stewardship Report 2023 to find out more.
David Vallery CEO, Lothian Pension Fund said:
“This is our third report prepared in accordance with the standards of the UK Stewardship Code 2020. Our main stewardship priority is to continue strengthening our stewardship approach on environmental and social issues, in particular climate change, while maintaining our focus on ensuring that companies are well governed and well managed.
“As a leader in responsible investment amongst Local Government Pension Scheme (LGPS) funds, this report demonstrates the nature of our commitment to stewardship, for the benefit of our stakeholders.”
The UK Stewardship Code 2020 sets high stewardship standards for those investing money on behalf of UK savers and pensioners, and those that support them. Stewardship is the responsible allocation, management and oversight of capital to create long-term value for clients and beneficiaries leading to sustainable benefits for the economy, the environment and society.