ESG and the Independent Governance Committee: How FCA changes will affect your scheme

How will the FCA clarification that environmental, social and governance (or ESG) considerations are “financially material” risks affect the IGC’s approach to scheme oversight?  Daniel Godfrey, LGIM IGC member and former chief executive of the Investment Association, discusses what the IGC’s expanded powers mean, what LGIM’s approach to ESG integration means for pensions, and future risks and opportunities. Simon Chinnery, Head of DC Client Solutions, explains what is top of mind for his clients, and what LGIM is doing to help.