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The Local Government Pension Scheme (Management and Investment of Funds) (Amendment) Regulations 1999

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Summary

The regulations state that an administering authority must, after consultation with such persons as they consider appropriate, prepare, maintain and publish a written statement of the principles governing their decisions about investments. The statement must cover their policy on a number of key criteria including - (c) risk; (f) the extent (if at all) to which social, environmental and ethical considerations are taken into account in the selection, retention and realization of investment.

Thumbnail image for The regulations state that an administering authority must, after consultation with such persons as they consider appropriate, prepare, maintain and publish a written statement of the principles governing their decisions about investments. The statement must cover their policy on a number of key criteria including - (c) risk; (f) the extent (if at all) to which social, environmental and ethical considerations are taken into account in the selection, retention and realization of investment.
Issuer

United Kingdom

Year

1999

Region

Europe

Policy Type

Other sustainability policy

Geographical scope

National

Mandatory or voluntary

Mandatory


Main industries targeted
  • Finance & Insurance
  • Manufacturing
Restrictiveness

Very High

Sustainable Development Goals (SDGs)
  • SDG 1: No Poverty
  • SDG 2: Zero Hunger
  • SDG 9: Industry, Innovation, and Infrastructure
  • SDG 16: Peace, Justice, and Strong Institutions

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