Responsible investment

Keep up to date with news about responsible investment

The Kent Pension Fund Responsible Investment (RI) Policy sets out how Environmental, Social and Corporate Governance (ESG) issues will be considered when making investment decisions. Find out about the responsible investment policy

The policy explains the approach we expect our Fund Managers to take on our behalf to engage with and encourage responsible investment behaviour from the companies we invest in. This can be in the form of shareholder voting or meetings with the companies regarding ESG issues.

Responsible investment working group

To increase its capacity for the consideration of responsible investment issues, the Kent County Council Pension Fund Committee has created a responsible investment working group. This group is tasked with development and implementation of the Fund’s RI policy and to make recommendations to the Pension Fund Committee where appropriate.

Terms of reference

The working group has been established to review the feedback from stakeholders to the recent consultation on the Fund’s RI policy and recent environmental initiatives, and:

  • Consider the further development of the Fund’s RI policy, and make recommendations to the Pension Fund Committee for amendments to the current policy.
  • Consider the implementation of the agreed policy and make recommendations to the committee.
  • Report to the Pension Fund Committee who will make decisions on the policy and its implementation.
  • Should the group wish to engage the services of an advisor, this will need to be agreed by the Committee beforehand.

Voting

The Fund’s RI Policy requires our managers to report on their voting decisions. In addition we also receive reports relating to how our investments in our ACCESS pool are being voted on.

Voting summaries

We collate the summaries received from our Fund Managers on a quarterly basis. The information details the results of votes made on the Fund’s behalf by our investment managers at a variety of meetings at the companies in which they invest in. Some examples of issues that are voted upon are:

  • election of board members
  • distribution of bonuses
  • diversity issues
  • approval of financial statements
  • environmental issues.

Find out the voting summaries for the periods:

Find out voting summaries in previous periods

Contact us

For enquiries relating to responsible investment, please email PFresponsible.investment@kent.gov.uk