This collaboration reflects the fact that many of the sustainability challenges faced by trustees and advisers are shared. Greater alignment between the two groups should lead to more practical and impactful action.
Each group has a clear, focused set of priorities for 2026.
The ICSWG is focused on three areas: building shared understanding of sustainability issues; strengthening climate and biodiversity insights; and supporting a more aligned approach to stewardship. Its Influence workstream will continue to engage policymakers and regulators to help shape a more effective sustainability framework.
The TSWG is focused on translating sustainability into practical, trustee-led action. Its priorities include proportional and purposeful sustainability reporting; narrowing the perception gap around sustainable investment; and developing scalable solutions for schemes of all sizes.
These priorities are distinct but complementary, creating a strong foundation for joint work. The groups will work together throughout the year, meeting quarterly to share progress, support each other’s objectives and identify areas for joint action. A closer working relationship represents an important step towards a more coordinated, effective approach to sustainability in pensions and investment.
Bobby Riddaway, Chair of the Trustee Sustainability Working Group, said: “This collaboration is ultimately about improving outcomes for pension scheme members. By aligning expertise, strengthening stewardship, and promoting scalable solutions, the ICSWG and TSWG can aim to ensure that sustainability is embedded in a way that is both practical and impactful. This can support long-term financial resilience while contributing to broader environmental and societal goals.”
Simon Jones, Co-Chair of the Investment Consultants Sustainability Working Group, said: “The ICSWG and TSWG share a common goal: to promote consistent and practical approaches to sustainability. By coordinating our efforts and sharing insight on what works, we can drive improvements in the consideration of sustainability by trustees and advisers.”
|
