Taskforce for Social Factors - Consultation
The Taskforce for Social Factors has released a guide for consultation with the UK pensions industry, which includes more than 30 recommendations about how social factors can be better incorporated into investment decisions. The Taskforce is organising roundtables in December, express interest by emailing [email protected]
Following the Department for Work and Pensions’ (DWP) consultation on consideration of social risks and opportunities by occupational pension schemes, the Taskforce on Social Factors was established in the UK in February 2023. The Taskforce aims to raise awareness and develop a common understanding of social risks and opportunities which can be addressed by pensions scheme trustees, industry and policymakers.
Guide for consultation
The Taskforce for Social Factors has released a guide for consultation which includes more than 30 recommendations about how social factors can be better incorporated into investment decisions.
This is now the opportunity for UK pension funds to ‘have your say’ on the guidance. The Taskforce is seeking views on the current draft of the report and proposals on any useful additions to be taken into account in the final paper. We are looking forward to hearing from you by the 1st of December.
In addition to hearing from UK pension funds, the Taskforce invites views from the following:
Data providers and proxy voting agencies
Civil society/non-governmental organisations
Industry groups and trade bodies
Public and private businesses
Government departments and regulators
It is the Taskforce’s aim to ensure that the final output is useful and actionable for the UK pension trustees and helps schemes make a step change in integrating social factor considerations into their work.
- 8 - Decent work & economic growth
- United Kingdom