The Investment Consultants Sustainability Working Group (ICSWG) and the Trustee Sustainability Working Group (TSWG) have partnered to develop a coordinated approach to sustainability practices across the UK pensions and investment sector.
The ICSWG will focus on building shared understanding of sustainability issues; strengthening climate and biodiversity insights; and supporting a more aligned approach to stewardship. Its Influence workstream will continue to engage policymakers and regulators to help shape a more effective sustainability framework.
Meanwhile, the TSWG will focus on translating sustainability into practical, trustee-led action. Its priorities include proportional and purposeful sustainability reporting; narrowing the perception gap around sustainable investment; and developing scalable solutions for schemes of all sizes.
The groups said they will meet quarterly throughout this year to share progress and support each other’s priorities, whilst identifying opportunities for joint action.
Sustainability Working Group chair of the trustee Bobby Riddaway says: “This collaboration is ultimately about improving outcomes for pension scheme members. By aligning expertise, strengthening stewardship, and promoting scalable solutions, the ICSWG and TSWG can aim to ensure that sustainability is embedded in a way that is both practical and impactful. This can support long-term financial resilience while contributing to broader environmental and societal goals.”
Investment Consultants Sustainability Working Group co-chair Simon Jones says: “The ICSWG and TSWG share a common goal: to promote consistent and practical approaches to sustainability. By coordinating our efforts and sharing insight on what works, we can drive improvements in the consideration of sustainability by trustees and advisers.”
