{"organism":"Page","children":[{"organism":"Container.Raw","children":[{"organism":"Metadata","model":{"title":"Responsible Investment","text":"On this page you can find out more about SCPF’s Responsible Investment policies and activities.","links":[{"name":"Responsible Investment","value":"https://pensions.shell.co.uk/scpf/how-the-scheme-is-managed/responsible-investment.html"}],"image":{"src":"https://pensions.shell.co.uk/scpf/how-the-scheme-is-managed/responsible-investment/_jcr_content/root/metadata.shellimg.jpeg/1725438509444/mount-storm-wind-turbines.jpeg","alt":"Wind Turbines ar mountain","width":1003,"height":564}},"id":"/content/shell/business/pensions/en_gb/scpf/how-the-scheme-is-managed/responsible-investment/jcr_content/root/metadata"},{"organism":"ContentOwner","model":{},"id":"/content/shell/business/pensions/en_gb/scpf/how-the-scheme-is-managed/responsible-investment/jcr_content/root/contentowner"},{"organism":"Container.Header","children":[{"organism":"Container.Raw","ref":"https://pensions.shell.co.uk/_jcr_content/root/header/inherited.model.json","id":"/content/shell/business/pensions/en_gb/scpf/how-the-scheme-is-managed/responsible-investment/jcr_content/root/header/inherited","model":{}},{"organism":"Breadcrumb","model":{"links":[{"name":"Home","value":"https://pensions.shell.co.uk/"},{"name":"SCPF","value":"https://pensions.shell.co.uk/scpf.html"},{"name":"How the Scheme is Managed","value":"https://pensions.shell.co.uk/scpf/how-the-scheme-is-managed.html"},{"name":"Responsible Investment","value":"https://pensions.shell.co.uk/scpf/how-the-scheme-is-managed/responsible-investment.html"}]},"id":"/content/shell/business/pensions/en_gb/scpf/how-the-scheme-is-managed/responsible-investment/jcr_content/root/header/breadcrumb"}],"id":"/content/shell/business/pensions/en_gb/scpf/how-the-scheme-is-managed/responsible-investment/jcr_content/root/header","model":{}},{"organism":"Container.Main","children":[{"organism":"Container.Section","children":[{"organism":"PageHeader","color":"inherited","model":{"title":"Responsible Investment","text":"\u003Cp\u003EOn this page you can find out more about SCPF’s Responsible Investment policies and activities.\u003C/p\u003E\r\n","image":{"src":"https://pensions.shell.co.uk/scpf/how-the-scheme-is-managed/responsible-investment/_jcr_content/root/main/section/page_header.shellimg.jpeg/1725287582896/mount-storm-wind-turbines.jpeg","alt":"Wind Turbines ar mountain","width":1002,"height":251}},"id":"/content/shell/business/pensions/en_gb/scpf/how-the-scheme-is-managed/responsible-investment/jcr_content/root/main/section/page_header"},{"organism":"Container.List","colspan":8,"colstart":3,"children":[{"organism":"AccordionItem","color":"inherited","id":"/content/shell/business/pensions/en_gb/scpf/how-the-scheme-is-managed/responsible-investment/jcr_content/root/main/section/list_copy/list_item","model":{"title":"Responsible Ownership","text":"\u003Cp style=\"line-height: 1.5;color: rgb(64,64,64);font-family: Arial , Roboto , Helvetica , sans-serif;font-size: 14.0px;\"\u003EThe Trustee believes that environmental, social, economic and governance (ESG) performance are fundamental to a company’s success and thereby its long-term financial returns. 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Where the Trustee believes it is appropriate, this includes embedding certain ESG factors or considerations into the relevant investment benchmark.\u003C/p\u003E\r\n\u003Cp\u003EYou can read more on how the Trustee integrates ESG into its investment objectives in the Statement of Investment Principles.\u003Cbr\u003E\r\n\u003C/p\u003E\r\n\u003Cp\u003E\u003Ca href=\"https://pensions.shell.co.uk/scpf/resources/scpf-library.html\"\u003EStatement of Investment Principles\u003C/a\u003E\u003Cbr\u003E\r\n\u003C/p\u003E\r\n"}},{"organism":"AccordionItem","color":"inherited","id":"/content/shell/business/pensions/en_gb/scpf/how-the-scheme-is-managed/responsible-investment/jcr_content/root/main/section/list_copy/list_item_copy_1281158198","model":{"title":"Climate Change and Net Zero Commitment","text":"\u003Cp style=\"line-height: 1.5; color: rgb(64,64,64); font-family: Arial , Roboto , Helvetica , sans-serif; font-size: 14.0px;\"\u003EIn respect of climate change, the Trustee’s policy is to operate the SCPF in a manner that supports the most ambitious goal of the Paris Agreement – to limit atmospheric heating to 1.5°C compared to pre-industrial levels. 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The achievement of the net zero target will be carried out in a manner which remains consistent with the Trustee’s fiduciary duties and legal obligations relating to the investment of assets.\u003C/p\u003E\r\n\u003Cp style=\"line-height: 1.5; color: rgb(64,64,64); font-family: Arial , Roboto , Helvetica , sans-serif; font-size: 14.0px;\"\u003EYou can read more about the approach taken by the Trustee to managing the associated risk to climate change on the Fund in its Climate Change Report.\u003C/p\u003E\r\n\u003Cp style=\"line-height: 1.5; color: rgb(64,64,64); font-family: Arial , Roboto , Helvetica , sans-serif; font-size: 14.0px;\"\u003E\u003Ca href=\"https://pensions.shell.co.uk/scpf/how-the-scheme-is-managed/responsible-investment/_jcr_content/root/main/section/list_copy/list_item_copy_1281158198.multi.stream/1751891738851/47ebf227fd99ff73e0b8616038642c9bb0e540ac/scpf-tcfd-report-july-2025.pdf\"\u003E2025 Climate Change report\u003C/a\u003E\u003C/p\u003E\r\n\u003Cp style=\"line-height: 1.5; color: rgb(64,64,64); font-family: Arial , Roboto , Helvetica , sans-serif; font-size: 14.0px;\"\u003EThe purpose of the Climate Change Report is to provide members with a better understanding of the Fund’s exposure to climate-related risks and the Trustee’s strategic resilience to these risks.\u003C/p\u003E\r\n"}},{"organism":"AccordionItem","color":"inherited","id":"/content/shell/business/pensions/en_gb/scpf/how-the-scheme-is-managed/responsible-investment/jcr_content/root/main/section/list_copy/list_item_copy_497529513","model":{"title":"Voting and Engagement","text":"\u003Cp\u003EEach year the Trustee reports on the implementation of its stewardship policy as set out in the Statement of Investment Principles and Responsible Ownership Policy in its annual Engagement Policy Implementation Statement.\u003C/p\u003E\r\n\u003Cp\u003E\u003Ca href=\"https://pensions.shell.co.uk/scpf/resources/scpf-library.html\"\u003EEngagement Policy Implementation Statement\u003C/a\u003E\u003C/p\u003E\r\n\u003Cp\u003EThe Trustee has appointed EOS at Federated Hermes (EOS) to assist in the implementation of its Responsible Ownership policy by providing voting and engagement services. 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Accordingly, neither Shell plc nor any member of the Shell Group endorses, adopts, certifies or otherwise validates the information and material contained on the linked website. 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