BWCI’s Blue Riband pensions products have recently signed up to the Guernsey Association of Pension Providers Environmental, Social and Governance Framework for Pensions.
This framework recognises Guernsey pension providers which have embedded Environmental, Social and Governance (ESG) principles into their processes and decision-making, an area BWCI has long viewed as a priority.
The Framework introduces a particular focus on combatting climate change and ensures that all investment managers appointed by the pension plans must incorporate ESG factors into their decision-making for the relevant pension plans.
BWCI Senior Partner, Stephen Ainsworth (pictured) said: “BWCI has long considered ESG to be important, and played a key role in the development of the ESG Framework for Pensions. Thus it was a natural step to sign up to the framework for our leading products.
“This will help us to ensure that the significant risks and opportunities that ESG represents to pensions savings are kept in focus. We also hope that our adoption of it helps to promote a wider consideration of ESG on the Island as a leader in becoming a signatory to this Framework.”
