Sustainable Ownership Report

RPMI Railpen publishes 2019 Sustainable Ownership report

The latest report highlights how sustainability considerations play a key role in the investment decision-making process for the teams at the Scheme’s investment manager, Railpen.

Sustainable Ownership is underlined by the Trustee’s investment belief that 'environmental, social and governance (ESG) factors have a material impact on long-term investment returns and must be taken into account.'

The report focuses on our activities in three areas:

• Integration
• Active Ownership
• Longer-term risks and opportunities

Climate change remains a key area of focus. As long-term investors, we monitor risks and opportunities over the timeframe we will be paying members’ pensions.

Where we believe there to be a material risk to the long-term value of the investment or significant reputational risk, we will consider selling our holding.

Railpen is a proud supporter of the Task Force on Climate-related Financial Disclosures (TCFD) and we encourage all our portfolio companies to provide enhanced corporate disclosure in line with the framework.

Find out more about Railpen’s approach to Sustainable Ownership.