Asset Owners Network current activities
ISSB Investor Statement
In response to the 2022 consultation for the proposed IFRS Sustainability Disclosure Standards, created by the International Sustainability Standards Board, institutional investors called for decision-useful data that considers both environmental and social impacts on a company as well as the company’s impact on the environment and society. Alongside a statement from Chief Financial Officers, the signatories to the ‘Investor Response’ called on the IFRS Foundation to strengthen their inclusion of factors beyond those narrowly impacting enterprise value. The 16 signatories represented over £621 billion in assets under management.
Pension Fund Chair Net Zero Statement of Support
In 2021, the A4S Pension Fund Net Zero Statement of Support helped to amplify the need for institutional investors to play their part in the transition towards a net zero economy. The 19 pension fund chair signatories of the Statement, with a collective £422.3 billion assets under management, committed to setting a net zero goal within 12 months of signing.
Implementing recommendations of the FSB Task Force on Climate-related Financial Disclosure (TCFD)
In 2017, the A4S Asset Owners Network collectively signed a statement of support committing to work together towards adoption of the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD). Following this, the Network worked towards better and wider uptake of these recommendations both within their own schemes and through their engagement across the investment chain. This included feeding into the Department for Work and Pensions (DWP) consultations as individual schemes and as a collective.
Developing the ESG Toolkit for Pension Scheme Chairs and Trustees
Members of the network have helped to shape the development of the guidance and case studies within the toolkit, sharing their insights and experiences. This includes our Top Tips for Pension Trustees series and a range of case studies covering challenges around fund allocation, engagement across the investment chain and TCFD reporting. Network members also road-tested the ESG Maturity Map, which is a tool that helps drive consensus within a board of trustees on where they are on their ESG integration journey and what their next steps could be.