09:30 – 10:30
Registration, Tea and Coffee, Networking

10:30 – 10:35
Chair’s Welcome
Dawn Turner, Independent Adviser & NED


10:35 – 10:55
Our RI Journey
Responsible Investment has evolved rapidly over the last few years both in terms of regulatory expectations and an embracing of the real financial risks from inadequate management and governance of environmental, social and governance matters. The new Scheme Advisory Board Secretary will present the LGPS journey to date, set out the next steps for the LGPS and consider the opportunities and challenges it faces.

Speaker
Joanne Donnelly, Board Secretary, Local Government Pension Scheme Advisory Board


10:55 – 11:40
RI initiatives in the LGPS
This panel will look at RI initiatives, how they have driven and are driving change in the LGPS and across the pensions and investment universe. Our panellists will explore why the LGPS is an important part of developing the opportunities that responsible investment can provide for its beneficiaries and wider society.

Speakers
Jill Davys, Finance & Investment Manager, London Borough of Sutton Pension Fund
Matt Hopson, Strategic Investment Manager, Westminster City Council
Jonathan Hunt, Consultant, Scheme Advisory Board


11:40 – 12:00
Creating tangible environmental and social impact through public equities
How your public equity portfolio can create tangible environmental and social impact.

Speaker
Elena Tedesco, Portfolio Manager, Vontobel Asset Management


12:00 – 12:20
ESG: Navigating complexity
ESG continues to be a hot topic for the investment industry, resulting in a proliferation of new product amidst a rapidly evolving regulatory backdrop. This is an environment that presents both challenges and opportunities for active managers who seek to navigate the dynamic complexity whilst remaining focused on pursuing their return objectives for clients.

Speaker
Gabrielle Gourgey, Portfolio Manager, MFS Investment Management

12:20 – 13:20
Lunch

13:20 – 13:40
Communicating successes, identifying areas to improve
This session looks at roadmaps to RI targets and how we can measure success, in particular the demands of TCFD reporting and the Stewardship Code.

Speaker
Sean Johns, Pension Investment Manager, Cornwall Council Pension Fund


13:40 – 14:30
Roundtable Discussion
The SAB Chair will provide an update on current RI Initiatives and the Good Governance project. We then ask you to discuss around the table what you think the 2022/2023 priorities for the SAB should be, with a view to assisting funds to achieve their RI and governance agenda.

Speaker
Cllr Roger Phillips, Chair, Scheme Advisory Board

14:30 – 15:10
Managing an investment strategy to a Paris Aligned Benchmark
In a discussion with Tim Gooding of Baillie Gifford, Karen Shackleton will ask why Baillie Gifford decided to shift to a climate index. They will explore how active managers can be a part of the acceleration towards a net zero future by adopting a thoughtful approach to managing assets against such benchmarks.

Speakers
Tim Gooding, Client Service Director, Baillie Gifford
Karen Shackleton, Independent Investment Adviser

15:10 – 15:30
Tea & Coffee

15:30 – 15:50
Private credit: catalyst for climate change
Only a small proportion of the investment universe is aligned to the Paris Agreement, making it very difficult to build a diversified, net-zero-aligned portfolio capable of meeting investment objectives. So how can schemes invest in, and accelerate, the climate transition? Can private assets enable schemes to seize the financial opportunities driven by decarbonisation across the economy? Is there a trade-off between financial returns and environmental and social contributions?

Speaker
Peter Pulkkinen, Portfolio Manager, Sustainable Private Credit, Lombard Odier Investment Managers


15:50 – 16:10
Levelling Up
What does levelling-up really mean and what does it mean for investors? The session will also explore how government proposals set out in the recent White Paper may affect investment decision-making in the LGPS.

Speaker
Bob Holloway, Pensions Secretary, Local Government Association


16:10 – 16:50
Boycott, Divest or Sanction?
Boycott, divestment and sanctions are at the forefront of current concerns for obvious reasons due to legal developments and international conflicts. This panel discusses what this might mean for your investment and funding strategies.

Speaker
Elizabeth Carey, Independent Adviser
Gary Delderfield, Partner and Head of Public Sector Pensions, Eversheds Sutherland
Amanda Latham, Policy and Strategy Lead, Barnett Waddingham


16:50 – 17:00
Closing Remarks from the Chair

17:00 – 18:00
Drinks & Networking


18:00
Dinner at the Cinnamon Club

Click here for the Cinnamon Club website.