As confirmed by the Financial Reporting Council, Local Pensions Partnership Investments has successfully maintained its status as a signatory to the UK Stewardship Code, and has now published its full Responsible Investment and Stewardship Annual Report 2022-23.

Frances Deakin, LPPI’s Head of Responsible Investment, summarises some of the key insights from the report:

“Our annual stewardship report is where we describe our approach, how it has evolved, and share insights into progress being made. 2022-23 encompassed a particularly strong external momentum for change. A high volume of consultations, proposals for additional regulation, and debates on current standards were “live” in the stewardship landscape across multiple themes simultaneously.

“In addition to engaging with external stimuli we progressed policy, governance, processes and monitoring on key business priorities, most notably in our work on climate change. The formation of an ESG Programme is the welcome culmination of our efforts to embed an efficient approach to multi-disciplinary co-ordination.

“Supporting co-operative working and a shared responsibility for stewardship, it is stimulating internal debate and producing solutions to the practical challenges posed by our Net Zero Asset Manager commitment and preparations for mandatory TCFD reporting.”

Related information:

Click here to download the full stewardship report

Click here to read more about our net zero commitment