Quote Originally Posted by millmoormagic View Post
The Trustees incorporate environmental, social and governance factors into investment decisions taken in respect of the Scheme’s investments. As every decent investor should......
I would think most pensioners would consider obtaining a decent return on their investment as being an important factor.

There's an interesting article here concerning the management of the fund: https://www.ipe.com/pensions/investo...016929.article No mention of any particular emphasis on environmental, social and governance factors there (although any sensible investor would have an eye on governance).

I note quite a heavy emphasis on private debt, which, of course, featured large in the 2008 crash. Then again, it looks like the fund is advised by Goldman Sachs.

It's an odd one that a coal industry pension fund should have regard to environmental factors.