Gulf Oil Spill: is your pension in Deepwater?

The recent oil spill off the Gulf of Mexico is the latest in a growing list of avoidable environmental, social and corporate governance (ESG) crises to have serious negative impacts on UK pension funds.

Research by FairPensions has found that although almost all major UK pension funds acknowledge the importance of ESG risks and have a policy commitment to consider them, many do not integrate this policy into their investment practice.

In this briefing - "Managing Environmental Risk: the Deepwater oil spill & its impact on UK pensions" - we suggest simple and cost-free measures to encourage UK pension funds to effectively monitor and manage those ESG issues with the potential to produce significant future financial risks to beneficiaries.