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LCP’s 2020
Stewardship Report

Publications

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Highlights of our stewardship and responsible investment activities over 2020 

Our stewardship report highlights how we have supported our clients with their stewardship and responsible investment activities through 2020 and implemented the principles of the UK Stewardship Code 2020.

We were delighted to become a signatory to the UK Stewardship Code 2020 in the first wave of signatories (announced in September 2021).

The UK Stewardship Code 2020 has really strengthened the idea of stewardship, which it defines as follows: 

Stewardship is the responsible allocation, management and oversight of capital to create long-term value for clients and beneficiaries leading to sustainable benefits for the economy, the environment and society.

We believe that good stewardship and responsible investment practices are vital for delivering better financial performance for our clients. Stewardship contributes to stable, well-functioning and well-governed economic, social and environmental systems, which is in the best interests of our clients.

As part of this, stewardship aims to enhance investment performance by encouraging companies to act in the long-term interests of their shareholders (eg trustees) and their ultimate beneficiaries.

The investment rationale is clear – laying the foundation for strong returns in five years, ten years and beyond starts with good stewardship today.

Read the report

The key activities we share in our 2020 stewardship report include: 

  • How we support our clients with their stewardship and responsible investment activities
  • How we’ve strengthened our resources and capabilities, including climate scenario modelling capabilities and our dashboard that provides portfolio-level ESG reporting
  • Our engagement with investment managers to encourage best practice
  • Our active roles in external groups and collaborations. 

How we can help

Our team works with trustees and sponsors of pension schemes to help them maximise their investment returns, while ensuring risk is well managed.

We help employers and trustees design investment strategies that achieve better outcomes for members.

Our investment team works with trustees and sponsors of pension schemes to help them maximise their investment returns, while ensuring risk is well managed.

LCP Sonar, our risk profiling tool, benchmarks your scheme against other pension schemes, covering covenant, funding and investment risks. You can quickly see how your scheme’s risk profile compares to others and think about the key risks for you.

We help our clients understand and implement responsible investment principles.