Caroline Lucas, Green Party MP for Brighton Pavilion, and the UK Sustainable Investment and Finance Association (UKSIF) have called on the Parliamentary Contributory Pension Fund (PCPF) to commit to the UK Stewardship Code. The Code, which is voluntary, aims to enhance the quality of engagement between institutional investors and companies, to help improve long-term returns to shareholders and ensure good corporate governance.
The PCPF has not made a public commitment to the Code since its publication in July 2010. The Green MP and the influential trade body have together written to Brian Donohoe MP, Chairman of the Board of Trustees of the PCPF, requesting a meeting to make the case for the Fund’s signature.
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