Industry News: ESG5

Founded in 1974, Strathclyde Pension Fund has been managed by the Glasgow City Council since 1996. With £20.8 billion of assets under management and over 230,000 members as at March 31st 2018, it is the second largest UK LGPS fund.   

Most of the Fund's investment analysis and decision-making is outsourced to external investment managers. In accordance to the Responsible Investment policy, external managers are expected to consider ESG risks and opportunities and to engage regularly with portfolio companies on ESG issues. Strathclyde also engages collaboratively with peers through initiatives such as FAIRR and ShareAction. Additionally, the fund manages a Direct Investment Portfolio internally with a focus on positive environmental and social impact which invests in Infrastructure, Renewable Energy, and Regional lending to small companies.

Annual Report & Financial Statements: 2017 - 2018

Investing Responsibly