Coal Pension Trustees, one of the largest pension schemes in the UK, has been a pioneer in China capital market investment. Mark Walker, Chief Investment Officer of Coal Pension Trustees, talked about their ESG policy in China manager selection.
6 July 2020
Coal Pension Trustees, with an invested asset value of GBP 20 billion, is one of the largest pension schemes in the UK. Despite the pensioners were supported by fossil fuel industries in the past, ESG is getting higher and higher up the agenda, especially climate change and employee rights. Coal Pension Trustees has been a pioneer and leader in China market investment, with allocation to China private equity, off-share listed equity and recently China A shares, all through external managers.
Coal Pension Trustees共有200亿英镑投资资产，是英国最大的养老金计划之一。尽管该养老金的成员在过去收益于化石燃料类行业的发展，但该养老金对ESG的重视却与日俱增，尤其是气候变化和员工权利的保障。Coal Pension Trustees是投资中国市场的先行者和领导者，其在中国的投资包含私人股权、离岸中国股票，以及最近的中国A股，所有的投资都通过外部管理人完成。
What’s the ESG investment policy of Coal Pension Trustees? What do they expect from Chinese asset managers on ESG investing? What suggestions will they give to Chinese asset managers on ESG issues? ATC Initiative interviewed Mark Walker, Chief Investment Officer of Coal Pension Schemes.
Coal Pension Trustees的ESG投资政策是什么？他们对中国资产管理公司的ESG投资上有何期待？在ESG问题上，他们将对中国资产管理人提出怎样的建议？ ATC Initiative采访了Coal Pension Trustees的首席投资官Mark Walker来分享他的观点。
“ESG is getting higher and higher up the agenda. My members used to work underground, … despite their support clearly of fossil fuel industry in the past, but they still want to know what we are doing on climate change, particularly they want to know what we are doing in terms of supporting employee rights and those sorts of things.