Issue details
Update and Implementation Plan for Tower Hamlets Pension Fund Sustainable Investment and ESG Considerations
At the November 2019 meeting of the Pensions
Committee, officers presented the results of carbon footprinting
analysis of the Fund’s listed equity assets.
The results highlighted that the Fund’s equity assets were in
aggregate approximately 30% less carbon intensive than the Fund
benchmark.
However, mandate-specific carbon footprinting analysis showed a
wide variation across different benchmarks and between active and
passive implementation routes.
Decision type: Non-key
Decision status: Recommendations Approved
Wards affected: (All Wards);
Decision due: 13 Mar 19 by Pensions Committee
Lead director: Corporate Director, Resources
Department: Resources
Contact: Bola Tobun, (Investments and Treasury Manager, Resources) Email: bola.tobun@towerhamlets.gov.uk.
Agenda items
- 13/03/2019 - Pensions Committee Update and Implementation Plan for Tower Hamlets Pension Fund Sustainable Investment and ESG Considerations 13/03/2019
- 23/09/2020 - Pension Board ESG and Impact investment training 23/09/2020
- 13/10/2020 - Pension Board ESG and Impact investment training 13/10/2020
Documents
- Update and Implementation Plan for Tower Hamlets Pension Fund Sustainable Investment and ESG Considerations