We were equally delighted to take other opportunities to collaborate during the year. We launched our Climate Impact Initiative in collaboration with an existing client and a range of industry leaders such as Pensions for Purpose, the Impact Investing Institute and Make My Money Matter, the purpose of which is to exert pressure on platform providers to ensure a Climate Impact Fund is available to members of all workplace pension schemes.

As we helped our clients prepare for the regulatory requirements of the Taskforce for Climate-related Financial Disclosures, our consultants have worked with clients at the vanguard of these changes.  We have also taken the opportunity to share what we have learned with our clients and the wider pensions community.

This approach of sharing our experiences and encouraging others to share was a crucial part of our centenary celebrations. Diversity & Inclusion, Wellbeing and Technology were also key themes, and we were pleased to host events to share our knowledge and experiences with current and prospective clients, with our own people and with the wider industry.

As we progress through 2022, so these themes remain important, but others are also asserting themselves.  Issues such as energy, inflation, biodiversity and net zero are all featuring on client agendas and we continue to pursue our goal of “making better stewards”.  Helping our clients understand the value and impact of effective stewardship and challenge their managers and providers to do more will ensure that standards of stewardship continue to improve.

Read more on our responsible investment work here.