Asset Owners Network current activities

The Asset Owners Network is working through ten priority commitments across three action areas:

Engagement along the investment chain

1. Engaging with beneficiaries

2. Engaging with asset managers and consultants

3. Engaging with investee companies at AGMs

4. Engaging with sponsors

Embedding into investment decisions

5. Integrating ESG considerations into decision making

6. Embedding climate and ESG risk management into debt, real estate and infrastructure

7. Making default funds sustainable

8. Assigning a percentage of assets to an innovation or opportunities fund

Reporting and collective action

9. Implementing recommendations of the FSB Task Force on Climate-related Financial Disclosure (TCFD)

10. Signing up to the Transition Pathway Initiative (TPI)

Net Zero Top Tips for Pensions Scheme Trustees

This guide is written for pension scheme chairs and trustees to provide peer-tested, practical actions to align pension schemes with a net zero pathway. This guide helps to navigate the plethora of advice and frameworks around aligning schemes to a net zero pathway, providing some key takeaways and practical actions enabling trustees to respond.

Pension Fund Chair Net Zero Statement of Support

With industry groupings announcing their collective ambition to reach net zero, the A4S Pension Fund Net Zero Statement of Support helps to amplify the influential voice of the pension fund chair. The signatories of our Statement of Support have made a collective commitment to play their part in the transition towards a net zero emissions world. The initial 15 pension fund chair signatories, who have committed to set a net zero goal within 12 months of signing, have a collective £267.9 billion assets under management.

Engaging with pension scheme sponsors

Members of the Asset Owners Network and their sponsor organizations contributed to A4S’s Sustainable Investing in Pensions: Top Tips for Sponsors of Pension Schemes. The guide sets out why the sponsor should engage with their pension scheme on sustainable investing, summarizing the regulatory landscape, providing some practical steps for engagement both with pension trustees and the sponsor's employees, and referring to best practice examples.

Implementing recommendations of the FSB Task Force on Climate-related Financial Disclosure (TCFD)

Shortly after publication of the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD). In 2017, the A4S Asset Owners Network collectively signed a statement of support committing to work together towards adoption of the recommendations.

The Network has since worked towards better and wider uptake of these recommendations both within their own schemes and through their engagement across the investment chain.

Signing up to the Transition Pathway Initiative (TPI)

Members of the Asset Owners Network have signed up to the Transition Pathway Initiative (TPI), which was founded by two of the Network’s members - the Church of England National Investing Bodies and the Environment Agency Pension Fund.  The TPI assesses how companies are preparing for the transition to a low carbon economy. It is supported by asset owners and managers with over $19 trillion combined assets under management and advice, who use the results of the TPI’s analysis to inform investment decision making, engagement with companies, and dialogues with fund managers and policy makers.

The TPI evaluates and tracks the quality of companies’ management of their greenhouse gas emissions and of risks and opportunities related to the low carbon transition. It evaluates how companies’ future carbon performance would compare to the international targets and national pledges made as part of the Paris Agreement and it publishes the results of this analysis through an online tool.

AN ESG TOOLKIT FOR PENSION CHAIRS AND TRUSTEES

Developed with the Asset Owners Network, this toolkit of resources supports chairs and trustees of pension schemes identify the practical steps to embedding ESG considerations into their investment decisions, reporting, and engagement across the investment chain. Consisting of practical examples, an ESG maturity map and guidance resources, the toolkit will support trustees in their discussions with fellow trustees, as well as consultants and fund managers, about steps they should take. 

Accounting for Sustainability is a Charitable Incorporated Organization, registered charity number 1195467. Accounting for Sustainability is part of The Prince of Wales’s Charitable Foundation (PWCF) Group of Charities.
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