Agenda

Surrey Pension Fund Committee - Friday, 23 September 2022 10.00 am

Contact: Angela Guest  Email: angela.guest@surreycc.gov.uk

Media

Items
No. Item

1.

APOLOGIES FOR ABSENCE AND SUBSTITUTIONS

2.

MINUTES OF THE PREVIOUS MEETING [17 June 2022] pdf icon PDF 348 KB

3.

DECLARATIONS OF INTEREST

    All Members present are required to declare, at this point in the meeting or as soon as possible thereafter

    (i)            Any disclosable pecuniary interests and / or

    (ii)           Other interests arising under the Code of Conduct in respect of any item(s) of business being considered at this meeting

    NOTES:

    ·         Members are reminded that they must not participate in any item where they have a disclosable pecuniary interest

    ·         As well as an interest of the Member, this includes any interest, of which the Member is aware, that relates to the Member’s spouse or civil partner (or any person with whom the Member is living as a spouse or civil partner)

    ·         Members with a significant personal interest may participate in the discussion and vote on that matter unless that interest could be reasonably regarded as prejudicial.

    Additional documents:

4.

QUESTIONS AND PETITIONS pdf icon PDF 379 KB

    To receive any questions or petitions.

     

    Notes:

    1.  The deadline for Member’s questions is 12.00pm four working days before the meeting (05/09/2022).

    2.  The deadline for public questions is seven days before the meeting (02/09/2022).

    3.  The deadline for petitions was 14 days before the meeting, and no petitions have been received.

     

    Additional documents:

5.

FORWARD PLAN AND ACTION TRACKING pdf icon PDF 120 KB

6.

LOCAL PENSION BOARD REPORT pdf icon PDF 420 KB

7.

INVESTMENT MANAGER PERFORMANCE AND ASSET/LIABILITIES UPDATE pdf icon PDF 777 KB

    This report is a summary of all manager issues that need to be brought to the attention of the Pension Fund Committee, as well as an update on investment performance and the values of assets and liabilities.

     

    NB: Part 2 annex at item 13

     

    Additional documents:

8.

COMPANY ENGAGEMENT & VOTING pdf icon PDF 417 KB

9.

ANNUAL REPORT 2021/22 pdf icon PDF 111 KB

10.

2022 VALUATION pdf icon PDF 230 KB

11.

LGPS UPDATE (BACKGROUND PAPER) pdf icon PDF 301 KB

12.

EXCLUSION OF THE PUBLIC

    Recommendation: That under Section 100(A) of the Local Government Act 1972, the public be excluded from the meeting for the following items of business on the grounds that they involve the likely disclosure of exempt information under the relevant paragraphs of Part 1 of Schedule 12A of the Act.

    Additional documents:

13.

INVESTMENT MANAGER PERFORMANCE AND ASSET/LIABILITIES UPDATE

14.

COMPANY ENGAGEMENT & VOTING

15.

ASSET CLASS FOCUS - REAL ESTATE

16.

RESPONSIBLE INVESTMENT POLICY UPDATE

17.

TASK FORCE ON CLIMATE-RELATED FINANCIAL DISCLOSURES (TCFD) REPORT

18.

BORDER TO COAST PENSIONS PARTNERSHIP UPDATE

19.

BORDER TO COAST PENSIONS PARTNERSHIP PATHWAY TO NET ZERO

    This paper provides details of the progress made by Border to Coast Pensions Partnership (BCPP) towards measuring and monitoring carbon emissions within the portfolios and how target reductions will be set with reference to a net zero pathway to 2050 or sooner.

     

20.

NET ZERO CONSIDERATIONS

21.

PUBLICITY OF PART 2 ITEMS

    To consider whether the item considered under Part 2 of the agenda should be made available to the Press and public.

    Additional documents:

22.

DATE OF NEXT MEETING