Investment - Articles - Embedding responsible investment in pensions


Royal London is further embedding responsible investment across its propositions through the introduction of ‘tilts’ to its £23bn passive equity funds - including in its flagship ‘Governed Range’.

 As a result, the carbon intensity of the equity investment in the ‘Governed Range’, which has around 1.25m customers’ pensions invested in it, is expected to reduce by more than 10%. This further strengthens Royal London’s approach to responsible investment and is part of its commitment to protecting standards of living for this and future generations, at no extra charge to customers.

 The ‘tilted’ equity funds will increase holdings of companies with good Environmental, Social and Corporate Governance (ESG) practices and reduce holdings in companies with poorer practices. These adjustments will be implemented to improve the ESG profile of the funds, without significantly impacting risk or returns.

 Julie Scott, Royal London’s Chief Commercial Officer, said: “This is not the time to be passive on ESG. The introduction of these ‘tilts’ to our pension range is part of investing our customers’ money responsibly to make a positive difference to the planet. We will also continue to engage with companies to promote positive change.

 “We are committed to making investing responsibly easy. That’s why we are making this enhancement to our default pension fund range, with no extra charge to our customers.”

 In June, Royal London outlined its climate commitments to:
 • Achieve Net Zero across its investment portfolio by 2050.
 • Reduce its carbon equivalent emissions from the investment portfolio by 50% by 2030, while also developing climate solutions that enable customers to invest in the low carbon transition.
 • Achieve Net Zero direct operational emissions by 2030.
  

Back to Index


Similar News to this Story

Targeted Support major step towards addressing support gap
Targeted Support is poised to play a pivotal role for potentially millions of non-advised individuals. Non-advised could be supported with at retireme
FCA proposals for millions to navigate their financial lives
Millions more people could get help navigating their financial lives with support on pensions and investments, under proposals announced today by the
Comments on FCA proposals on navigating financial lives
Aviva, Just Group, Standard Life, Scottish Widows and the ABI comment on FCA proposals on navigating financial lives

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.