Partner Anna Copestake joins PLSA’s group of experts to support trustees with ESG ‘implementation statements’ in annual reports
Partner Anna Copestake will join an industry group of experts set up by the PLSA, which aim to provide guidance on ESG, stewardship monitoring and reporting following the Department for Work and Pensions’ changes to regulations last October, with trustees now required to disclosure their consideration of ESG risks in their statements of investment principles (SIPs) in their annual reports.
The PLSA will aim to support schemes with the next phase of ESG expectations this coming October, when DC schemes will be required to publish implementation statements which demonstrate how they have implemented SIP policies, including ESG and stewardship.
PLSA policy board member Laura Myers will chair the group, which will produce two documents in time for summer trustee meetings.
The initiative behind the group is to help schemes get “both clear and consistent information from asset managers”, the PLSA said, as well as to provide more thorough guidance on communicating how schemes have implemented responsible investment and stewardship approaches.
Commenting on her appointment, Anna said: “Proud to be part of this group to make ESG and stewardship monitoring and reporting easier for trustees.”
To find out more about PLSA’s new initiative, please click here.
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