LGPS Central reports positive engagement progress in Annual Stewardship Report
LGPS Central has published its 2024 Annual Stewardship Report, reaffirming its leadership in responsible investment and its commitment to addressing systemic challenges through strategic engagement and policy advocacy.
Sheila Stefani, Head of Responsible Investment & Stewardship, said: “2024 was a challenging but rewarding year for responsible investment. We took bold steps to hold companies to account, supporting shareholder resolutions, voting against board members and management where appropriate, and working collaboratively with investors across all our engagement themes. We’ve seen tangible results, demonstrating that effective stewardship can drive meaningful change.”
Key report highlights include:
- Policy Influence: Contributed to the UK Government’s Fit for Future consultation and the Pension Investment Review
- Global Leadership: Actively participated in over 20 international initiatives, including CA100+, PRI, IIGCC, and Nature Action 100
- Direct Regulator Engagement: Engaged in policy dialogues with regulatory bodies in Brazil and Australia
- Governance Oversight: Conducted a full audit of EOS’s engagement data, confirming alignment with our RI&S expectations
- Strategic Focus: Refreshed our stewardship strategy around four core themes: Climate Change, Natural Capital, Human Rights, and Sensitive/Topical Activities
- Impact Delivery: Achieved 100% engagement with priority companies, with 73% evidencing tangible progress
Stefani commented: “This report reflects our ongoing commitment to deepening engagement, strengthening governance, and demonstrating how we deliver stewardship through the investment chain. Stewardship is now embedded across our investment approach as we work to build long-term portfolio resilience and deliver value for our partner funds and their beneficiaries.”
