Member

As long-term investors, schemes achieve most through stewardship, not automatic exit. Many follow the FRC’s stewardship code, which has significantly improved stewardship reporting on social factors. We have seen real-world impact; for example, Nest’s work with Rathbones’ Votes Against Slavery initiative led to 31 of 32 companies improving their modern slavery reporting. Savers also retain the option to choose ethical self-select funds, screening out controversial weapons, certain fossil fuel activities, tobacco or severe abuses and tilting towards stronger-performing ESG companies.