Scottish Widows has announced a new strategic partnership with Robeco to take its responsible investment approach to the next level.
Robeco was selected by Scottish Widows for its sustainability research capabilities and close alignment with the pension provider’s responsible investing priorities.
The focus of the partnership will be on two initial priorities in 2025, with the first milestone to co-design and create new customised equities indices in developed and emerging markets, with responsible investment principles front and centre.
Using Robeco’s specialist frameworks and expertise, the indices will feature ESG tilts underpinned by the United Nations Sustainable Development Goals and a range of forward-looking climate measures, with Scottish Widows’ exclusions policy also applied in full.
Leveraging Robeco’s frameworks and research for joint thought leadership, the pension provider will also work closely with Robeco’s sustainable investing centre of excellence to co-publish analysis and papers on priority themes.
Eva Cairns, Scottish Widows’ head of responsible investment, said: “We’ve been working hard behind the scenes on enhancing our responsible investing strategy and we’re excited to be working closely with Robeco to take this to the next level.
“By pooling our collective expertise and leveraging Robeco’s depth of research and centre of excellence, we can innovate at pace and deliver a unique set of indices for UK workplace pension savers with responsible investing fitted as standard. This is a huge moment for us and commitment to our customers and their future.”