Several LGPS industry members hit FRC Stewardship Code signatory status
Published: August 21, 2025
LGPS Central, Brunel, Border to Coast and the Northern Ireland Local Government Officers’ Superannuation Committee (NILGOSC) have achieved signatory status for the Financial Reporting Council’s Stewardship Code for 2026.
The three organisations join nearly 300 signatories to the code, who collectively represent around £50tn in assets under management (AUM).
First introduced in July 2010, the code is a voluntary framework established by regulator the Financial Reporting Council to promote responsible investment practices among asset managers, asset owners and service providers.
As part of its work to achieve signatory status, LGPS Central has rolled out an enhanced stewardship strategy, introduced pass-through voting covering more than £11bn in listed equity assets, and participated in more than 20 industry initiatives – including Nature Action 100 and the Investor Alliance for Human Rights.
LGPS Central chief executive Richard Law-Deeks said: “We are proud to have achieved UK Stewardship Code signatory status from the Financial Reporting Council for the fifth consecutive year.
“This recognition reflects the hard work and dedication of our team in upholding the highest standards of stewardship on behalf of our partner funds. It demonstrates our continued commitment to responsible investment, transparency and delivering long-term value for the millions of members we serve.”
Border to Coast undertook 1,919 company engagements on a range of long-term issues, including risks associated with business strategy and governance, social issues and environmental considerations.
Colin Baines, stewardship manager at Border to Coast, said: “Environmental, social and governance factors are not a ‘nice to have’ for investors – they are fundamental drivers of financial value. We stand by our belief that active engagement with companies is the most effective way to influence real change.
“Our reports demonstrate the success of our approach to date and highlight how implementing robust responsible investment policies can help mitigate long-term risk and secure long-term value for partner funds.”
