The Strathclyde Pension Fund has been approved as a signatory to the Financial Reporting Council’s UK Stewardship Code. The UK Stewardship Code is renowned globally as a best-practice benchmark in investment stewardship, and comprises a list of principles for asset managers, owners and service
Strathclyde Pension Fund
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The Strathclyde Pension Fund, which is Scotland's largest local government pension fund, has announced it will stop investing in fossil fuel firms that fail to meet environmental standards.
The Strathclyde Pension Fund, one of the biggest local authority pension funds in the world, with net assets of more than £13.9 billion, has been exposed for having investments worth £83 million in 11 of the world's 20 biggest arms manufacturers.