Taking it seriously
B&CE is a not-for-profit company, and the Trustee of The Peoples Pension, take social ethical and ethical investment very seriously.
When choosing investment managers to partner with, we ensured that the managers were signatories to the United Nations Principles on Responsible Investment and comply with the UK Stewardship Code.
The People’s Pension Trustee has access to regular reports from our core investment managers, State Street Global Advisors (SSGA) on how they vote and engage with the companies we invest in through them.
Our core investment manager’s proxy voting and engagement
SSGA has detailed UK proxy voting and engagement guidelines that address many areas including:
- board structure
- audit-related issues
- capital structure
- other governance related issues
Shariah fund managers
The B&CE Shariah Fund is managed by HSBC.