Kawasaki Pension Fund Implementation Statement Year Ending 05 April 2026 Glossary ESG
Environmental, Social and Governance
Investment Adviser
First Actuarial LLP
L&G
Legal & General Investment Management
Scheme
Kawasaki Pension Fund
Scheme Year
6 April 2025 to 05 April 2026
SIP
Statement of Investment Principles
UNPRI
United Nations Principles for Responsible Investment
Introduction This Implementation Statement reports on the extent to which, over the Scheme Year, the Trustees have followed their policy relating to the exercise of rights (including voting rights) attaching to the Scheme’s investments. In addition, the Implementation Statement summarises the voting behaviour of the Scheme’s investment manager and includes details of the most significant votes cast and the use of the services of proxy voting adviser. In preparing this statement, the Trustees have considered guidance from the Department for Work & Pensions which was updated on 17 June 2022, as well as the expectations set out in the General Code of Practice. Relevant investments The Scheme’s assets are invested in pooled funds and some of those funds include an allocation to equities. Where equities are held, the investment manager has the entitlement to vote. At the end of the Scheme Year, the Scheme invested in L&G funds which included an allocation to equities. Over the course of the year, the Scheme also held BlackRock Equity and Diversified Growth funds. By the Scheme Year end, these funds had been removed from the Scheme’s investment strategy. Consequently, the Trustees could not take any action even if a review of the voting record of this manager identified any concern. For this reason, the Trustees have only analysed the manager of the relevant funds that are held as at the Scheme Year end date.
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