18 Questions
What percentage of the 100 largest asset owners are pension funds, according to the Thinking Ahead Institute in 2022?
56%
Who holds the ultimate fiduciary responsibility in a pension fund?
Trustees
What is the primary concern of trustees in a pension fund?
Ensuring members' benefits are secure
What is a characteristic of pension funds that makes ESG risks particularly relevant to their investments?
Long-term nature of their liabilities
Who is responsible for the management of pension savings and payouts to beneficiaries upon retirement?
Pension funds
What is a factor that affects the level of delegation between trustees and executives in a pension fund?
Governance of the pension fund
What percentage of respondents in the survey conducted by PGB cited a preference for investments in sustainable energy?
90%
According to the interpretation of fiduciary duty in some jurisdictions, what is considered as part of 'acting in the interest' of pension fund beneficiaries?
Both financial and non-financial outcomes
What percentage of respondents in the survey cited the need to meet fiduciary duty and regulations as a key driver for adopting ESG principles?
46%
What is the purpose of PGB's mandatory survey on members' risk appetite?
To make decisions based on members' input
How often does PGB conduct a survey on responsible investment among its participants?
Annually
What percentage of respondents in the survey supported investments in tobacco?
17%
What is a common reason beneficiaries may inquire about their pension funds' investments?
To protest against companies violating human rights
How can national and local governments influence the integration of ESG factors in pension funds?
By aligning their policy intent with their direct investment influence
What is a potential contradiction in the behavior of asset owners with long-term liabilities?
They prioritize short-term returns over long-term sustainability
How can pension funds integrate long-termism into their investment approach?
By setting up investment mandates that place value on long-termism
What is a potential role of beneficiaries in advancing pension funds' responsible investment policies?
To inquire about the pension fund's investment decisions and express concerns
What is a characteristic of asset owners with long-term liabilities, such as pension funds?
They are well aligned with long-term investing
Learn about the role of pension funds in the investment market, their responsibilities, and the challenges they face in conducting ESG assessments. Understand the significance of pension funds and their influence on the market.
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