LPFA - your pension our world
Skip navigation (access key S)
Access Keys:
Responsible Investing
The LPFA Board is mindful of its fiduciary duty to obtain the best possible financial return on the investments of the pension fund it administers within a suitable degree of risk. However, the exercise of good practice in terms of environmental, social and corporate governance issues can have a favourable effect on the financial performance of a company and improve investment returns to the shareholder in the long term.
LPFA has recently strengthened its commitment to long term responsible investing by adopting a new Strategic Objective during 2007 ~ “To develop our investment options within the context of an ethical and sustainable investment strategy.”
As a long term responsible investor, and to protect and enhance the value of its investments the LPFA promotes good environmental, social and corporate governance practice standards in all its investee companies. As a long term shareholder, LPFA uses its influence by responsible exercise of its global voting power and engagement on environmental, social and corporate governance factors with the companies in which it invests.
LPFA recognises that it does not have the resources to be fully active or to engage widely in relation to its own investment portfolios. Accordingly, it instructs investment managers to progressively develop and implement engagement policies on its behalf and supports and participates in collaborative initiatives to develop engagement with companies on ESG issues. The LPFA participates in and supports collaborative projects such as signing up to the UN Principles for Responsible Investing (UNPRI) and participation in networks and specialist knowledge sharing opportunities such as are provided by the Institutional Investors Group on Climate Change, the International Forum for Active Shareowners, the Marathon Club, the Enhanced Analytics Initiative, the National Association of Pension Funds, and the Local Authority Pension Fund Forum. The LPFA encourages all its advisers and other Funds to participate also.
