Issue - meetings

With reference to article 14 of the minute of its previous meeting, the Committee had before it a report by the Director of Resources which provided an overview of the investment activity of both the North East Scotland Pension Fund and the Aberdeen City Council Transport Fund for the three month period ending 31 March 2019.

Appended to the report was information in respect of the NESPF and environmental, social and governance matters and responsible investment.  The Committee and Board heard from Mr Buntain, Investment Manager, in respect of the detail contained within the report.

The report recommended:-

that the Committee note the contents of the report.

The Committee resolved:-

(i)         to request that the Investment Manager take forward the points raised by Committee in relation to various environmental, social and governance matters, and to note that these could also be raised at the Local Authority Pension Fund Forum;  and

(iv)       to approve the recommendation.

The Board resolved:-

to note the decision of the Committee.