Partners Andy Lewis and Jonathan Gilmour, Senior Counsel Harriet Sayer and Senior Consultant Simon Witney have contributed to the latest paper from Principles for Responsible Investment (PRI): A legal framework for impact (UK): integrating sustainability investment goals across the investment industry.
Produced by the UN-supported PRI in partnership with the United Nations Environment Programme Finance Initiative and the Generation Foundation, the paper examines relevant aspects of the UK legal and regulatory framework and identifies areas where guidance and policies are insufficiently clear, potentially limiting institutional investors’ willingness or ability to pursue sustainability impact goals. It then recommends policy measures that would empower investors both to consider sustainability factors and to pursue sustainability impact goals, in particular where these are relevant to financial returns.
The Travers Smith team worked collaboratively with the PRI and other contributors, providing ongoing legal input into the paper on a variety of topics including the common law, statutory and regulatory frameworks for workplace pension funds and other institutional asset owners and managers in this important area.
