37: An ESG checklist for trustees

How can pension trustees prepare for new requirements on the environmental, social and governance (ESG) factors? New guidelines from the Department of Work and Pensions (DWP) make it clear that it is not sufficient to focus on a narrow definition of the bottom line in order to meet schemes’ core objective: providing retirement benefits for members. Instead, trustees must also consider the financial materiality of ESG considerations. Joining Simon on the podcast this week is Head of Institutional Clients, Mark Johnson, to cover what trustees need to know about the new guidelines and what needs to be done. If you’d like to read more about our work in this area, our article Material change: a five-step ESG checklist for trustees is available on the LGIM website: http://www.lgim.com/uk/en/insights/our-thinking/ •    Mark Johnson, Head of Institutional Clients •    Simon Chinnery, Head of DC Client Solutions We want to hear from you! Email us at [email protected] with your thoughts on the podcast and any suggestions of the types of content you’d like to see covered. This podcast is intended for investment professionals, and shouldn’t be shared with a non-professional audience. This podcast should not be taken as an invitation to deal in Legal & General investments. Any views expressed during this recording belong to the individuals and are based on market conditions at the time of recording, and do not reflect the views of Legal & General Investment Management. Legal & General Investment Management is authorised and regulated by the Financial Conduct Authority. Legal & General Investment Management, One Coleman Street, London, EC2R 5AA. Register in England no. 2091894. All rights reserved. No part of this audio may be reproduced in whole or in part without the prior written consent of Legal & General Investment Management.