LCP’s 2023
Stewardship Report
Publications
Highlights of our stewardship and responsible investment activities
Events of the past year – the gilts crisis and the cost-of living crisis resulting from high inflation and increasing interest rates – have highlighted the importance of effective governance and stewardship.
Whilst much of the focus over the past year has been dealing with these immediate issues, we note the need to deal with the longer-term systemic risks – such as climate change – facing our clients and society in general. These risks can only be mitigated through strong stewardship and engagement. We will continue to promote good stewardship to help address these risks and protect our clients, society and the planet.
Our third stewardship report highlights how we have helped our clients with their stewardship and responsible investment activities over the year to 31 March 2023 through the services and advice we’ve provided. It also describes how we as an investment service provider have implemented the principles of the UK Stewardship Code 2020.
Read our highlights and explore what stewardship looks like at LCP in our latest report.
Key developments we share in our 2023 stewardship report include:
- How we’re supporting our clients with their stewardship and responsible investment activities
- How we have launched our new responsible investment (RI) philosophy, which has an increased focus on stewardship, emphasises the importance of systemic risks and considers the real-world impacts of investment decisions
- How we are working with investment managers to encourage ongoing improvement in stewardship practices
- How we have strengthened our stewardship resources to support our clients, with the continued expansion of our responsible investment team
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 dynamic risk profiling tool, helps you to identify and prioritise risk management in an integrated way, as well as showing you how you stack up against others.
We help our clients understand and implement responsible investment principles.