Greater Manchester Pension Fund: recommendations
The Greater Manchester Pension Fund exhibits a creditable position on certain key aspects of RI policy, although is less comprehensive with regard to certain aspects of transparency. Our recommendations for further improvement would include:
RI policy, implementation and monitoring
- Identifying specific ESG risks and opportunities for incorporation into research and investment decisions.
- Further expansion of RI policy across non-equity asset classes
- Consideration of direct membership of the UN PRI, and its use as a screen re future fund manager selection.
Transparency
- Disclosure regarding RI policy implementation and performance monitoring
- Disclosure of full voting records and summary voting analysis
- Disclosure of detailed ESG engagement initiatives and outcomes
- A detailed section on responsible investment in the Scheme's annual report
