Agenda

Hampshire Pension Fund Responsible Investment Sub-Committee
Tuesday, 3rd September, 2019 10.00 am

Venue: Nightingale Room, Podium, Hampshire County Council, Winchester

Items
No. Item

1.

Election of Chairman

To appoint a Chairman until the Annual Meeting of the Sub-Committee in 2020.

2.

Election of Vice Chairman

To appoint a Vice Chairman until the Annual Meeting of the Sub-Committee in 2020.

 

3.

Apologies for Absence

To receive an apologies for the meeting.

4.

Declarations of Interest

All Members who believe they have a Disclosable Pecuniary Interest in any matter to be considered at the meeting must declare that interest and, having regard to Part 3 Paragraph 1.5 of the County Council's Members’ Code of Conduct, leave the meeting while the matter is discussed, save for exercising any right to speak in accordance with Paragraph 1.6 of the Code.  Furthermore all Members with a Personal Interest in a matter being considered at the meeting should consider, having regard to Part 5, Paragraph 4 of the Code, whether such interest should be declared, and having regard to Part 5, Paragraph 5 of the Code, consider whether it is appropriate to leave the meeting while the matter is discussed, save for exercising any right to speak in accordance with the Code.

5.

Chairman's Announcements

To receive any announcements the Chairman may wish to make.

6.

Deputations

To receive any deputations persuant to Standing Order 12.

7.

Sub-committee Work Plan pdf icon PDF 90 KB

To consider a report from the Director of Corporate Resources – Corporate Services, which provides a proposed workplan, based on the activities in the sub-committee’s terms of reference agreed by the Panel and Board in July 2019.

8.

UK Stewardship Code pdf icon PDF 103 KB

To consider a report from the Director of Corporate Resources – Corporate Services, which provides information on signing the UK Stewardship Code

9.

Principles for Responsible Investment pdf icon PDF 107 KB

To consider a report from the Director of Corporate Resources – Corporate Services, which provides information on signing the United Nations Principles of Responsible Investment (PRI).

10.

Global Real Estate Sustainability Benchmarking (GRESB) pdf icon PDF 76 KB

To consider a report from the Director of Corporate Resources – Corporate Services, which provides information on the Pension Fund participating in the Global Real Estate Sustainability Benchmark (GRESB) for its UK property portfolio.

11.

Shareholder voting pdf icon PDF 87 KB

To consider a report from the Director of Corporate Resources – Corporate Services, which provides information on how the Pension Fund’s investment managers have voted on behalf of the Fund for the equities that they are invested in.

Additional documents:

12.

Exclusion of Press and Public

That in relation to the following items the press and public be excluded from the meeting, as it is likely, in view of the nature of the business to be transacted or the nature of proceedings, that if a member of the public were present during the items there would be disclosure to them of exempt information within Paragraph 3 of Part 1 of Schedule 12A of the Local Government Act 1972, and further that in all circumstances of the case, the public interest in maintaining the exempt information outweighs the public interest in disclosing the information, for the reasons set out in the report.

13.

Shareholder Voting - Exempt Appendices

To consider the exempt appendix to Item 11 on the agenda.

Additional documents:

14.

Acadian's portfolio ESG considerations

To consider an exempt report from the Director of Corporate Resources – Corporate Services, which provides a summary of how the Pension Fund’s global active investment manager Acadian can operate in accordance with the Pension Fund’s Responsible Investment policy.