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[PDF] full report: UK Pension Scheme Transparency on Social, Environmental and Ethical Issues
[Pension schemes surveyed]:
1. Universities Superannuation Scheme Ltd
2. British Telecommunications plc
3. Greater Manchester Pension Fund
4. West Yorkshire Pension Fund
5. Coal Pension Trustees
6. BP plc Pension Fund
7. Shell Contributory Pension Fund
8. Strathclyde Pension Fund
9. BBC Pension Scheme
10. British Airways Pension Scheme
11. Corus UK Ltd British Steel Pension Scheme
12. National Grid plc Pension Scheme
13. Railways Pension Scheme
14. Royal Mail Pension Scheme
15. BAe Systems Pension Scheme
16. Lloyds TSB Group plc Pension Scheme
17. Barclays Bank plc UK Retirement Fund
18. Electricity Pensions Services Ltd
19. HSBC Bank plc Pension Scheme
20. Royal Bank of Scotland Group Pension Fund.
...- None of the schemes surveyed disclosed material which mentioned human rights as having any impact on whether or not a scheme was willing to be an investor in a company...
- Only one scheme (BT) has committed to disclosing its full voting record, thereby allowing members to see how their scheme uses its shareholder power to promote good corporate social responsibility...
- Most financially sophisticated companies have least transparent pension schemes HSBC and Barclays are amongst the few schemes that declined to make their pension scheme documents publicly available. Lloyds TSB and Royal Bank of Scotland disclosed scheme documents, but showed little evidence of responsible investment...