The Hampshire Pension Fund Responsible
Investment Sub-Committee was established by the Hampshire Pension
Fund Panel and Board, in July 2019, to consider how Environmental,
Social, and Governance (ESG) factors are incorporated into
investment decisions and to understand the perspectives of scheme
members and employers on this topic. It reports annually on the
Pension Fund’s Responsible Investment to demonstrate progress
to the Pension Fund’s stakeholders.
The sub-committee consists of four County
Councillors and two co-opted members from the Pension Fund Panel
and Board, with the membership reviewed annually.
The sub-committee’s role is to make
recommendations to the Pension Fund Panel and Board on Responsible
Investment issues. This includes regularly reviewing the Pension
Fund’s Responsible Investment Policy, providing a forum for
considering changes to this policy, receiving relevant training on
ESG issues, and engaging in responsible stewardship with its
investment managers. The sub-committee also reviews investment
managers’ company engagement and voting decisions, and when
necessary, engages directly and indirectly with investment managers
and companies the Pension Fund is invested in to make
representations concerning ESG as appropriate.