The Director of Pension introduced the report to Members. The report provided Board members with a copy of the report taken to Pensions Committee regarding the establishment of a Responsible Investment Working Party.

Officers confirmed that both PIRC and Redington could be involved with meetings of the working party, the Chair would be the same Chair as for the Pensions Committee, and that the working party does not have decision making powers. Board members asked for assurance that the Responsible Investment Working Party would enhance considerations but not override the considerations of the Investment Monitoring Working Party, which was provided.

Resolved - That the report be noted.