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Bristow Group

Consideration of social risks & opportunities call for evidence response

Topic:

Hot topic

Date published:

Thursday, 17 June 2021

When responding to The Pensions Regulator’s single code of governance consultation, we noted the clear (and positive) intent to crystalise ESG and climate change considerations on trustees. However, on the face of it, the new requirements seem to weight things in the direction of the E. We think this could be rebalanced easily to make it clearer to pension trustees that E, S and G are all interrelated and carry equal importance.

PSGS' response to the DWP's ‘Consideration of social risks & opportunities call for evidence’ looks at the S in more detail, including:

  1. Trustees’ legal duties
  2. Social factors and financial materiality
  3. How trustees can take social factors into account
  4. Social factors as opportunities

Read our response to the consultation below.

 

Download consultation response

 

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