Your Pension - Your Future
Responsible investment
Incorporating ESG factors improves long-term risk-adjusted returns.
The Trustee believes that incorporating ESG (environmental, social and governance) factors into investment decisions improves long-term risk-adjusted returns and enhances our core belief of responsible investment.
The ZPen Scheme is an active, responsible investor and follows these five core principles:
Net Zero ambition
The Trustee has set an ambition for the Scheme to become net zero by 2050.
What is net zero?
We've all heard this term, but what does it actually mean? Watch the video below to find out more about net zero and how a pension scheme can achieve it.
Responsible investment and Task Force on Climate-Related Financial Disclosures (TCFD) reports
This report aims to provide a clear understanding of the financial implications of climate change on the Scheme and help the Trustee, members, and other stakeholders to understand how climate-related risks and opportunities are being managed within the Scheme.
Here you can download and read the reports:
Climate change policy
These policies provide the Trustee's view on climate change as a risk and opportunity as well as guidance on monitoring and measuring those risk and opportunities.
Implementation Statement
The Implementation Statement is an annual statement that sets out how the Trustee has followed the policies described in the Statement of Investment Principles and describes the voting behaviours by, or on behalf of, the Trustee. The Trustee produces separate Implementation Statements for final salary benefits (DB Implementation Statement) and ZCashBuilder (DC Implementation Statement).
Here you can download and read the Implementation Statements:
Climate Month
None of the information given on this website can give you legal rights or benefits that differ from those provided in the Trust Deed and Rules. In the case of uncertainty or conflict between the content on this website and the Trust Deed and Rules, the Trust Deed and Rules (as amended from time to time) will prevail.
You should consider taking independent financial advice on your options in relation to your benefits under the Scheme. Neither the Scheme Trustee (Zurich Financial Services UK Pension Trustee Limited) nor any member of the Zurich Group (i.e. Zurich Insurance Group Ltd - registered in Switzerland with number CH-020.3.023.089-6 and its direct and indirect subsidiaries) are able to provide you with financial advice or accept any liability for any decision you make with regards to your retirement options.