The latest report highlights how sustainability considerations play a key role in the investment decision-making process for the teams at the railways pension schemes' investment manager, Railpen.
Sustainable Ownership is underlined by the Trustee’s investment belief that 'environmental, social and governance (ESG) factors have a material impact on long-term investment returns and must be taken into account.'
The report focuses on our activities in three areas:
Climate change remains a key area of focus. As long-term investors, we monitor risks and opportunities over the timeframe we will be paying members’ pensions.
Where we believe there to be a material risk to the long-term value of the investment or significant reputational risk, we will consider selling our holding.
Railpen is a proud supporter of the Task Force on Climate-related Financial Disclosures (TCFD) and we encourage all our portfolio companies to provide enhanced corporate disclosure in line with the framework.
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