El Segundo - California

Section A

Responsible investment

The Trustee has a fiduciary responsibility to meet the Scheme's liabilities and as a long-term asset owner considers sustainable factors to improve long-term risk adjusted returns. The area of sustainability as defined by the Trustee covers long-term factors such as environmental, social and governance (ESG) and stewardship. For information about BTPS' Responsible Investment Policy please click here.

The importance of responsible investment is illustrated by the scheme being a founder signatory to the United Nations-backed Principles for Responsible Investment initiative (PRI). PRI provides a framework for investors to take ESG issues fully into account in their investment and ownership decisions and actions and the Trustee remains committed to its membership and active support of the organisation. Click here to view the BTPS’ PRI transparency report 2016.

The Trustee is also guided by the requirements of the Financial Reporting Council’s Stewardship Code for UK institutional investors. For further information click here.

Relevant links