The Shell Contributory Pension Fund: recommendations

RI policy, implementation and monitoring

• Specific requirement for active engagement with investee companies on ESG issues.
• Identifying specific ESG risks and opportunities for incorporation into research and investment decisions.
• Establishing clear measures to ensure fund managers' performance on ESG issues is carefully monitored and regularly assessed.
• Expansion of RI policy across non-equity asset classes
• The use of internal and/or external dedicated resources to undertake ESG engagement on behalf of the scheme.
• Consideration of membership of the UN PRI.

Transparency

• Detailed disclosure regarding measures to ensure effective policy implementation and monitoring
• Disclosure of full voting records and summary voting analysis
• Disclosure of detailed ESG engagement initiatives and outcomes
• Inclusion of a detailed section on responsible investment in the scheme's annual reports

Download Shell Contributory Pension Fund's full scoresheet

If you are a member of this pension scheme, why not email your pension scheme to ask whether they have implemented all or any of these recommendations.