SIF 2022: Excluding assets 'key tool' for improving ESG credentials

Excluding certain assets is a "key tool" for improving a scheme's ESG credentials, according to Sackers partner Stuart O'Brien. Speaking at the Sustainable Investment Festival 2022, O'Brien argued that to date, "not many trust-based pension schemes have had exclusion policies", despite exclusion being vital for improving on ESG. He noted that more recently, trustees have been looking at excluding companies with particularly damaging environmental aspects but said in practice there are "different degrees of exclusions". These, he said, can range from a hard exclusions list including...