Worcestershire Pension Fund has put out a tender for a consultant to undertake an ‘ESG stocktake’ of its portfolio and map its impacts across several UN Sustainable Development Goals (SDGs), to help inform its future investment decisions and enable it to challenge asset managers.
The tender states that the consultant will provide the fund’s Committee with a “baseline” analysis of the fund’s sustainability performance and provide recommendations on future investment strategies.
The audit is described as a detailed assessment “at a holding level” of the scheme’s assets, which may include engagement with fund managers “where appropriate”.
It will cover areas such as:
Identifying where information can be used to challenge existing managers
Potential recommendations on investment strategy
Identifying risks and investment opportunities to the portfolio
Highlighting any risks identified in relation to impact washing
Rob Wilson, Finance Manager at Wo…