Including Environmental, Social and Governance Factors into our Investment policy

Over the past few months, the Trustee has been considering how to take Environmental, Social and Governance (ESG) factors into account in their investment decisions.

The Trustees believe is it is important to be a long-term, responsible investor.  As a result they are taking an active approach to ESG factors when investing the Plan’s assets.  This approach is intended to help generate sustainable returns in the future well as better managing investment risks.

The Trustee has now set a policy for ESG factors.  This has been reflected in their Statement of Investment Principles (SIP) and Investment Implementation Document (IID), both of which can be found on this website.

The Telefonica Pensions Team