Corporate governance

Please note: many of the following documents are provided in PDF format. Acrobat Reader software is required in order to read them.)

The Pensions Committee recognises its role as one of promoting best practice in corporate governance which it considers to be consistent with maximising long term returns.


UK stewardship code

The Fund fully complies with the Financial Reporting Council's UK stewardship Ccode (see below) and all its equity investment managers are current signatories of the code.

Staffordshire Pension Fund's statement of compliance with the code is set out in the document below:

Details of the UK Stewardship code can be downloaded and printed out:

The Pensions Committee policy on responsible investment (RI) is to endorse the United Nations (UN) principles of responsible investing and to encourage all its equity managers to sign up to the UN principles to incorporate environmental, social and governance issues into their investment process.


Local Authority Pension Fund Forum (LAPFF)

To underline Staffordshire Pension Fund's commitment to matters of corporate governance and socially responsible investment, in March 2013 Staffordshire Pension Fund joined LAPFF.

This is a voluntary association of 70 local government pension funds with assets under management of over £200bn (at the time of writing). The forum seeks to protect its members investments by promoting the highest standards of corporate governance and corporate social responsibility from the organisations they are invested in.

You can find more information about LAPFF on their website.


Investment managers

Below are a selection of the Fund's equity investment manager's corporate governance and socially responsible investment reports.  More information can be found on each of the individual investment manager's websites.  Please click the investment manager name to visit their website.

JP Morgan Asset Management

Legal and General

Longview Partners 

Aberdeen Standard Investments (previously Standard Life)