Mark Whitehead 15 March 2023

Council pension fund managers support social investments

Council pension fund managers support social investments  image
Image: zentradyi3ell/Shutterstock.com.

Most local government pension fund managers support investment that can achieve positive social benefits as well as financial returns, according to a survey.

The survey by Alpha Real Capital found that 98% UK Local Government Pension Scheme fund professionals agreed investing in social infrastructure provided a positive social impact.

Around two-thirds look for managers with a dual focus approach delivering positive, measurable social impact alongside a financial return.

This shows most LGPS fund professionals believe they can achieve social impact without sacrificing returns, according to the survey’s authors.

The research also found that asset managers were able to quantify social impact.

More than nine out of 10 respondents said they receive satisfactory social metrics from their investment managers.

However, almost half of LGPS fund professionals said a lack of meaningful data was their main challenge when attempting to meet the challenges of environmental, social and governance (ESG) reporting.

In the survey nearly two-fifths said their biggest obstacle was a lack of standardised reporting, while the remaining 14% identified a lack of suitable benchmark data as a hinderance to ESG reporting.

SIGN UP
For your free daily news bulletin
Highways jobs

Cleaner and Caretaker

North Yorkshire Council
£12.65 - £13.47 per hour
Are you looking for a cleaning role that is a little different? Ripon, North Yorkshire
Recuriter: North Yorkshire Council

Cleaner and Caretaker

North Yorkshire Council
£12.65 - £13.47 per hour
Are you looking for a cleaning role that is a little different? Bradley, West Yorkshire
Recuriter: North Yorkshire Council

Specialist Customer Service Officer

Oxfordshire County Council
£31,537 - £34,434 per annum
Are you passionate about helping others and making a real impact in your community? We’re looking for Specialist Customer Service Officers to join our dynamic Contact Centre team, the first point of contact for a wide range of essential services acros Oxfordshire County Council , County Hall, Oxford
Recuriter: Oxfordshire County Council

Cook

North Yorkshire Council
£13.47 - £14.13 per hour
Are you keen to join a friendly team who are committed to making a real impact in their local community? Lancaster, Lancashire
Recuriter: North Yorkshire Council

Catering Assistant

North Yorkshire Council
£12.65 - £12.65 per hour
We have an opportunity to join our award-winning Facilities Management catering team. North Yorkshire
Recuriter: North Yorkshire Council
Linkedin Banner