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What We Do

  • Advice
  • Research
  • Engagement
  • Voting
  • Peer Group Benchmarking
  • Work

About

PIRC has been providing trusted and expert advice for over 30 years.

Our experienced and talented team are dedicated to advising clients on securing the highest environmental, social and governance standards. Whether you’re new to responsible investment or an experienced investor, PIRC services are designed to enhance your ESG performance.

If you would like to know more about the advice we offer and how we can best support you, please get in contact with:

Explore

Get In Touch

At PIRC we believe our clients are best served by us looking beyond corporate statements rather than just repeating them.

Our radical approach to research produces insights not apparent from annual reports and sustainability disclosures. By doing so we equip our clients with a nuanced picture of risks that need to be managed.

Explore

Get In Touch

For PIRC engagement success is not about how many comfortable conversations we’ve had with a company.

It’s about reducing ESG risks and delivering the changes clients demand. That’s why our specialist stewardship team is focused on building relationships with companies and boards based on effective dialogue and where necessary robust challenge.

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Never afraid to take robust voting positions

PIRC advises and supports its clients to vote for changes needed to support the highest standards of corporate governance to protect shareholder value.

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PIRC’s Local Authority Pension Performance Peer Group provides LGPS funds with a unique benchmark and essential insights into their investment performance.

Alongside our investment performance benchmark, PIRC provides a range of governance and engagement data focused squarely on supporting clients to make decisions with confidence.

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For too long work has taken a backseat in responsible investment activity.

Despite its importance to value creation too many stewardship providers and investors have only ever paid lip service to decent work and good employment standards. PIRC’s specialist stewardship services are changing this.

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Services (Hover to see more)

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  • RI Policies
  • Best practice code compliance
  • Public policy
  • Training
  • Conference & seminars
  • Presentations
  • Climate change
  • LGPS
  • Companies

  • Sectors

  • Climate change

  • Themes

  • Stakeholders

  • Policy

  • Bespoke research

  • PIRC Alerts

  • Watchlist

  • Designing engagement strategies

  • Meeting companies

  • Attending AGMs

  • Filing shareholder resolutions

  • Collaborative engagements

  • Our multi-stakeholder approach

  • Climate engagement

  • Reporting

  • Voting guidelines

  • Tailored guidelines

  • Proxy reports and voting

  • Vote execution

  • Climate votes

  • Quarterly monitoring

  • Asset manager analysis

  • Local Authority Peer Group Performance

  • Governance data

  • Governance risk rating

  • Climate data

  • Engagement

  • Data

  • Research reports

  • Engagement

  • Just transition

  • Events

  • Advice

  • Newsletter

  • Capital strategies

Responsible investment policies are the foundation on which ESG activities are built. We work with clients to produce policies and statements focused on their responsible investment priorities and designed to shape their ESG plans.

Industry codes help ensure clients are following responsible investment best practices. PIRC supports and advises clients on meeting standards such as the Stewardship Code and PRI reporting.

Regulation and government policy shape the environment in which responsible investors operate. To support the interests of long-term investors, PIRC advises clients on public policy matters, including, regulatory reforms, consultations, and engagement with the policymaking process.

PIRC provides training on the basics of responsible investment to the more technical aspects of the industry.

To help inform clients and their stakeholders, PIRC organises conferences and seminars to provide insights from industry leaders and stakeholders on responsible investment issues.

As part of our approach to transparency, we provide face-to-face feedback to clients on work undertaken on their behalf, including at pension committees and annual meetings of scheme members. PIRC also provides presentations and in person advice on ESG risks.

Climate change is a top concern for us and our clients. We offer a range of advisory services, including on climate policies, code compliance, training and presentations and briefings on emerging issues.

PIRC was founded by eight UK local authority pension funds in the 1980s and continues to this day its close relationship with the LGPS. PIRC has extensive knowledge and experience providing advice and support to funds and pools on their specific regulatory requirements and ESG needs as public-facing administering authorities.

We are committed to using data to understand your risks. PIRC’s global proxy research, covering every equity in our clients’ portfolios, alerts clients to major corporate governance, social and environmental risks. Using our proprietary risk rating analysis, we then make voting recommendations and advise on engagement strategies.

Not all sectors face the same risks or behave in the same way. To help inform clients about specific responsible investment risks, PIRC produces bespoke reports for clients on different industrial sectors.

Climate change poses specific and significant risk to investors. Our research services offer client insights into company performance and   emerging risks to help you assess and manage the responsible investment threats.

Some ESG issues can be overlooked or are just emerging. To support of our clients understand their risks, PIRC produces briefings and reports on specific environmental, social and governance issues.

Relying solely on company disclosures risks investors overlooking ESG threats. To provide a more comprehensive appraisal of risks, PIRC engages affected stakeholders and uses this information to produce reports and briefings for clients.

PIRC not only highlights risks but advises on how they can be addressed. To do so, PIRC produces reports and briefings to help clients develop governance and public policy positions and investor expectations documents.

PIRC works with clients to design research and reports tailored to meet the specific needs of clients. This can be a focus on specific sectors, themes, stakeholders and policies or a combination of them.

Our weekly client newsletter PIRC Alerts is a must view source of market, investor and company developments for the responsible investment community. The newsletter provides company-specific commentary, and news of market and regulatory developments. It is widely read in the City, and frequently quoted in specialist and national media. Our clients are entitled to an Alerts subscription. However, it can be ordered separately for an annual subscription.

As part of our offer to keep our clients informed about company developments, we produce a weekly PIRC Watch List. This newsletter keeps our clients up to date about company controversies, prominent responsible investment issues reported over the week, and ongoing concerns at companies with an imminent annual general or special meeting.

Each investor has their own specific portfolio and responsible investment policies. As such, each investor has their own set of ESG risks. PIRC therefore works with clients to design engagement strategies and objectives based on their own unique set of risks.

To change company behaviour and reduce investment risk, PIRC engages directly with company boards and representatives on ESG issues. PIRC sets meeting objectives and reports back to clients on the outcomes.

As part of our approach to effecting change through engagement, PIRC attends AGMs to meet and put questions direct to company boards.

Company policies and practices can at times be too slow to change. PIRC therefore supports clients escalate engagements by drafting and facilitating the filing shareholder resolutions.

PIRC enables clients to work with other investors to amplify the voice of shareholders through collaborative engagements.

PIRC’s unique approach to engagement includes engaging stakeholders on their concerns. This approach helps our clients more fully understand ESG risks facing investee companies and informs our company engagements.

Like our clients we recognise the urgency of ensuring companies are aligning their business plans to a decarbonised future. Our engagement team has decades experience engaging on climate issues coupled with detailed knowledge of specific sectoral issues. This winning combination helps us secure changes that our clients want to see at companies.

PIRC is committed to transparently reporting engagement activity. We provide clients with information, data and reports on engagement activity, including issues covered, type of activity, and outcomes.

Since the 1980s, PIRC has been at the forefront of developing best practice corporate governance guides. Based on this knowledge and experience, our Shareholder Voting Guidelines enables clients to exercise their ownership rights in a consistent and informed way.

PIRC’s voting service is flexible to the needs and interests of our clients. This includes working with clients to tailor voting guidelines to meet their specific responsible investment policies.

PIRC produces trusted and comprehensive company information which is used by our clients to exercise their ownership rights. Our global proxy research is undertaken by a dedicated and experienced team of researchers. Information covers every equity in our clients’ portfolios and alerts them to major corporate governance, social and environmental risks. Using our proprietary risk rating analysis, we then make voting recommendations.

PIRC provides a vote execution service for all proxies in our client portfolios. Our service includes a client review and vote-change mechanism through our online platform ensuring you have complete control of voting decisions.

Climate change has become a significant part of AGM agendas. Our services ensure that clients have the information and advice to exercise their shareholder rights on climate change. To do so, PIRC provides research on company climate performance, voting guidance and advice on filing climate resolutions.

PIRC not only supports clients to exercise their voting rights, we also provide analysis of voting outcomes. This quarterly analysis enables clients to understand market concerns and support their own stewardship disclosures to beneficiaries and stakeholders.

Our voting analysis extends beyond aggregate market trends to examining the actions of specific managers. This analysis enables clients to understand how their managers and the main players in the market are voting, and how this might differ with client positions.

Founded on decades of experience and data, PIRC’s unique Local Authority Peer Group analysis supports LGPS funds wanting to improve investment scrutiny and outcomes.

PIRC’s LGPS investment peer group currently comprises 63 funds with an aggregate value of £266bn. This represents over two-thirds of local authority pension fund assets.

The Universe has 36 years of Fund and asset class level detailed historical data making it unique and increasingly essential to enable funds to view their investment performance within a long-term, peer group context that will enhance governance and improve decision making.

If you are interested in learning more, please contact, Karen Thrumble: karen.thrumble@pirc.co.uk

PIRC produces trusted and comprehensive company information which is used by our clients to exercise their ownership rights. Our global proxy research is undertaken by a dedicated and experienced team of researchers. Information covers every equity in our clients’ portfolios and alerts them to major corporate governance, social and environmental risks.

Based on decades of knowledge, PIRC’s governance risk rating model enables clients to identify threats in their portfolio. These insights are used to inform engagement strategies and assist portfolio construction.

Understanding investment risks requires a deep understanding of a company’s environmental performance. PIRC provides clients with environmental and climate change data on a company-by-company basis that is needed to inform their thinking and decision making.

Effecting change can take time. PIRC’s engagement database enables clients to track activity by issue, company, and outcome and supports clients own reporting to stakeholders.

PIRC has developed a unique dataset tracking company performance on workforce issues. This data helps clients identify risks and shape engagement activity.

Employment issues are often the least considered part of responsible investment. Our research reports on the world of work provide clients with original and valued insights specifically tailored for the investor community.

Using our expertise in labour issues, PIRC provides clients with a specialist engagement service to improve employment policies and practices.

The race to net zero has the potential to create jobs and growth, but could also have very negative implications for some workers and communities which pose their own ESG threats. PIRC therefore provides research, engagement, and advice to responsible investors on ensuring a just transition.

PIRC hosts events on employment issues which couple our in-house insights and with outside expertise to inform clients on employment risks.

PIRC provides advice on developing approaches on social issues. This advice includes the investor case for action, investor commitment on social and labour issues and understanding opportunities for influence.

In 2020, PIRC launched the first employment-focused ESG newsletter which provides clients with new perspectives into employment issues affecting investors.

PIRC supports clients to foster collaboration between workers and investors, including forming and participating in coalitions to effect change on labour issues.

Go Back
  • Advice
  • Research
  • Engagement
  • Voting
  • Peer Group Benchmarking
  • Work
Go Back

Advice

About

PIRC has been providing trusted and expert advice for over 30 years.

Our experienced and talented team are dedicated to advising clients on securing the highest environmental, social and governance standards. Whether you’re new to responsible investment or an experienced investor, PIRC services are designed to enhance your ESG performance.

If you would like to know more about the advice we offer and how we can best support you, please get in contact with:

Explore

Get In Touch

Services

  • RI Policies

    Responsible investment policies are the foundation on which ESG activities are built. We work with clients to produce policies and statements focused on their responsible investment priorities and designed to shape their ESG plans.

    Learn More
  • Best practice code compliance

    Industry codes help ensure clients are following responsible investment best practices. PIRC supports and advises clients on meeting standards such as the Stewardship Code and PRI reporting.

    Learn More
  • Public policy

    Regulation and government policy shape the environment in which responsible investors operate. To support the interests of long-term investors, PIRC advises clients on public policy matters, including, regulatory reforms, consultations, and engagement with the policymaking process.

    Learn More
  • Training

    PIRC provides training on the basics of responsible investment to the more technical aspects of the industry.

    Learn More
  • Conference & seminars

    To help inform clients and their stakeholders, PIRC organises conferences and seminars to provide insights from industry leaders and stakeholders on responsible investment issues.

    Learn More
  • Presentations

    As part of our approach to transparency, we provide face-to-face feedback to clients on work undertaken on their behalf, including at pension committees and annual meetings of scheme members. PIRC also provides presentations and in person advice on ESG risks.

    Learn More
  • Climate change

    Climate change is a top concern for us and our clients. We offer a range of advisory services, including on climate policies, code compliance, training and presentations and briefings on emerging issues.

    Learn More
  • LGPS

    PIRC was founded by eight UK local authority pension funds in the 1980s and continues to this day its close relationship with the LGPS. PIRC has extensive knowledge and experience providing advice and support to funds and pools on their specific regulatory requirements and ESG needs as public-facing administering authorities.

    Learn More
  • Companies

    We are committed to using data to understand your risks. PIRC’s global proxy research, covering every equity in our clients’ portfolios, alerts clients to major corporate governance, social and environmental risks. Using our proprietary risk rating analysis, we then make voting recommendations and advise on engagement strategies.

  • Sectors

    Not all sectors face the same risks or behave in the same way. To help inform clients about specific responsible investment risks, PIRC produces bespoke reports for clients on different industrial sectors.

  • Climate change

    Climate change poses specific and significant risk to investors. Our research services offer client insights into company performance and   emerging risks to help you assess and manage the responsible investment threats.

  • Themes

    Some ESG issues can be overlooked or are just emerging. To support of our clients understand their risks, PIRC produces briefings and reports on specific environmental, social and governance issues.

  • Stakeholders

    Relying solely on company disclosures risks investors overlooking ESG threats. To provide a more comprehensive appraisal of risks, PIRC engages affected stakeholders and uses this information to produce reports and briefings for clients.

  • Policy

    PIRC not only highlights risks but advises on how they can be addressed. To do so, PIRC produces reports and briefings to help clients develop governance and public policy positions and investor expectations documents.

  • Bespoke research

    PIRC works with clients to design research and reports tailored to meet the specific needs of clients. This can be a focus on specific sectors, themes, stakeholders and policies or a combination of them.

  • PIRC Alerts

    Our weekly client newsletter PIRC Alerts is a must view source of market, investor and company developments for the responsible investment community. The newsletter provides company-specific commentary, and news of market and regulatory developments. It is widely read in the City, and frequently quoted in specialist and national media. Our clients are entitled to an Alerts subscription. However, it can be ordered separately for an annual subscription.

  • Watchlist

    As part of our offer to keep our clients informed about company developments, we produce a weekly PIRC Watch List. This newsletter keeps our clients up to date about company controversies, prominent responsible investment issues reported over the week, and ongoing concerns at companies with an imminent annual general or special meeting.

  • Designing engagement strategies

    Each investor has their own specific portfolio and responsible investment policies. As such, each investor has their own set of ESG risks. PIRC therefore works with clients to design engagement strategies and objectives based on their own unique set of risks.

  • Meeting companies

    To change company behaviour and reduce investment risk, PIRC engages directly with company boards and representatives on ESG issues. PIRC sets meeting objectives and reports back to clients on the outcomes.

  • Attending AGMs

    As part of our approach to effecting change through engagement, PIRC attends AGMs to meet and put questions direct to company boards.

  • Filing shareholder resolutions

    Company policies and practices can at times be too slow to change. PIRC therefore supports clients escalate engagements by drafting and facilitating the filing shareholder resolutions.

  • Collaborative engagements

    PIRC enables clients to work with other investors to amplify the voice of shareholders through collaborative engagements.

  • Our multi-stakeholder approach

    PIRC’s unique approach to engagement includes engaging stakeholders on their concerns. This approach helps our clients more fully understand ESG risks facing investee companies and informs our company engagements.

  • Climate engagement

    Like our clients we recognise the urgency of ensuring companies are aligning their business plans to a decarbonised future. Our engagement team has decades experience engaging on climate issues coupled with detailed knowledge of specific sectoral issues. This winning combination helps us secure changes that our clients want to see at companies.

  • Reporting

    PIRC is committed to transparently reporting engagement activity. We provide clients with information, data and reports on engagement activity, including issues covered, type of activity, and outcomes.

  • Voting guidelines

    Since the 1980s, PIRC has been at the forefront of developing best practice corporate governance guides. Based on this knowledge and experience, our Shareholder Voting Guidelines enables clients to exercise their ownership rights in a consistent and informed way.

  • Tailored guidelines

    PIRC’s voting service is flexible to the needs and interests of our clients. This includes working with clients to tailor voting guidelines to meet their specific responsible investment policies.

  • Proxy reports and voting

    PIRC produces trusted and comprehensive company information which is used by our clients to exercise their ownership rights. Our global proxy research is undertaken by a dedicated and experienced team of researchers. Information covers every equity in our clients’ portfolios and alerts them to major corporate governance, social and environmental risks. Using our proprietary risk rating analysis, we then make voting recommendations.

  • Vote execution

    PIRC provides a vote execution service for all proxies in our client portfolios. Our service includes a client review and vote-change mechanism through our online platform ensuring you have complete control of voting decisions.

  • Climate votes

    Climate change has become a significant part of AGM agendas. Our services ensure that clients have the information and advice to exercise their shareholder rights on climate change. To do so, PIRC provides research on company climate performance, voting guidance and advice on filing climate resolutions.

  • Quarterly monitoring

    PIRC not only supports clients to exercise their voting rights, we also provide analysis of voting outcomes. This quarterly analysis enables clients to understand market concerns and support their own stewardship disclosures to beneficiaries and stakeholders.

  • Asset manager analysis

    Our voting analysis extends beyond aggregate market trends to examining the actions of specific managers. This analysis enables clients to understand how their managers and the main players in the market are voting, and how this might differ with client positions.

  • Local Authority Peer Group Performance

    Founded on decades of experience and data, PIRC’s unique Local Authority Peer Group analysis supports LGPS funds wanting to improve investment scrutiny and outcomes.

    PIRC’s LGPS investment peer group currently comprises 63 funds with an aggregate value of £266bn. This represents over two-thirds of local authority pension fund assets.

    The Universe has 36 years of Fund and asset class level detailed historical data making it unique and increasingly essential to enable funds to view their investment performance within a long-term, peer group context that will enhance governance and improve decision making.

    If you are interested in learning more, please contact, Karen Thrumble: karen.thrumble@pirc.co.uk

  • Governance data

    PIRC produces trusted and comprehensive company information which is used by our clients to exercise their ownership rights. Our global proxy research is undertaken by a dedicated and experienced team of researchers. Information covers every equity in our clients’ portfolios and alerts them to major corporate governance, social and environmental risks.

  • Governance risk rating

    Based on decades of knowledge, PIRC’s governance risk rating model enables clients to identify threats in their portfolio. These insights are used to inform engagement strategies and assist portfolio construction.

  • Climate data

    Understanding investment risks requires a deep understanding of a company’s environmental performance. PIRC provides clients with environmental and climate change data on a company-by-company basis that is needed to inform their thinking and decision making.

  • Engagement

    Effecting change can take time. PIRC’s engagement database enables clients to track activity by issue, company, and outcome and supports clients own reporting to stakeholders.

  • Data

    PIRC has developed a unique dataset tracking company performance on workforce issues. This data helps clients identify risks and shape engagement activity.

  • Research reports

    Employment issues are often the least considered part of responsible investment. Our research reports on the world of work provide clients with original and valued insights specifically tailored for the investor community.

  • Engagement

    Using our expertise in labour issues, PIRC provides clients with a specialist engagement service to improve employment policies and practices.

  • Just transition

    The race to net zero has the potential to create jobs and growth, but could also have very negative implications for some workers and communities which pose their own ESG threats. PIRC therefore provides research, engagement, and advice to responsible investors on ensuring a just transition.

  • Events

    PIRC hosts events on employment issues which couple our in-house insights and with outside expertise to inform clients on employment risks.

  • Advice

    PIRC provides advice on developing approaches on social issues. This advice includes the investor case for action, investor commitment on social and labour issues and understanding opportunities for influence.

  • Newsletter

    In 2020, PIRC launched the first employment-focused ESG newsletter which provides clients with new perspectives into employment issues affecting investors.

  • Capital strategies

    PIRC supports clients to foster collaboration between workers and investors, including forming and participating in coalitions to effect change on labour issues.

Go Back

Research

About

At PIRC we believe our clients are best served by us looking beyond corporate statements rather than just repeating them.

Our radical approach to research produces insights not apparent from annual reports and sustainability disclosures. By doing so we equip our clients with a nuanced picture of risks that need to be managed.

Explore

Get In Touch

Services

  • RI Policies

    Responsible investment policies are the foundation on which ESG activities are built. We work with clients to produce policies and statements focused on their responsible investment priorities and designed to shape their ESG plans.

    Learn More
  • Best practice code compliance

    Industry codes help ensure clients are following responsible investment best practices. PIRC supports and advises clients on meeting standards such as the Stewardship Code and PRI reporting.

    Learn More
  • Public policy

    Regulation and government policy shape the environment in which responsible investors operate. To support the interests of long-term investors, PIRC advises clients on public policy matters, including, regulatory reforms, consultations, and engagement with the policymaking process.

    Learn More
  • Training

    PIRC provides training on the basics of responsible investment to the more technical aspects of the industry.

    Learn More
  • Conference & seminars

    To help inform clients and their stakeholders, PIRC organises conferences and seminars to provide insights from industry leaders and stakeholders on responsible investment issues.

    Learn More
  • Presentations

    As part of our approach to transparency, we provide face-to-face feedback to clients on work undertaken on their behalf, including at pension committees and annual meetings of scheme members. PIRC also provides presentations and in person advice on ESG risks.

    Learn More
  • Climate change

    Climate change is a top concern for us and our clients. We offer a range of advisory services, including on climate policies, code compliance, training and presentations and briefings on emerging issues.

    Learn More
  • LGPS

    PIRC was founded by eight UK local authority pension funds in the 1980s and continues to this day its close relationship with the LGPS. PIRC has extensive knowledge and experience providing advice and support to funds and pools on their specific regulatory requirements and ESG needs as public-facing administering authorities.

    Learn More
  • Companies

    We are committed to using data to understand your risks. PIRC’s global proxy research, covering every equity in our clients’ portfolios, alerts clients to major corporate governance, social and environmental risks. Using our proprietary risk rating analysis, we then make voting recommendations and advise on engagement strategies.

  • Sectors

    Not all sectors face the same risks or behave in the same way. To help inform clients about specific responsible investment risks, PIRC produces bespoke reports for clients on different industrial sectors.

  • Climate change

    Climate change poses specific and significant risk to investors. Our research services offer client insights into company performance and   emerging risks to help you assess and manage the responsible investment threats.

  • Themes

    Some ESG issues can be overlooked or are just emerging. To support of our clients understand their risks, PIRC produces briefings and reports on specific environmental, social and governance issues.

  • Stakeholders

    Relying solely on company disclosures risks investors overlooking ESG threats. To provide a more comprehensive appraisal of risks, PIRC engages affected stakeholders and uses this information to produce reports and briefings for clients.

  • Policy

    PIRC not only highlights risks but advises on how they can be addressed. To do so, PIRC produces reports and briefings to help clients develop governance and public policy positions and investor expectations documents.

  • Bespoke research

    PIRC works with clients to design research and reports tailored to meet the specific needs of clients. This can be a focus on specific sectors, themes, stakeholders and policies or a combination of them.

  • PIRC Alerts

    Our weekly client newsletter PIRC Alerts is a must view source of market, investor and company developments for the responsible investment community. The newsletter provides company-specific commentary, and news of market and regulatory developments. It is widely read in the City, and frequently quoted in specialist and national media. Our clients are entitled to an Alerts subscription. However, it can be ordered separately for an annual subscription.

  • Watchlist

    As part of our offer to keep our clients informed about company developments, we produce a weekly PIRC Watch List. This newsletter keeps our clients up to date about company controversies, prominent responsible investment issues reported over the week, and ongoing concerns at companies with an imminent annual general or special meeting.

  • Designing engagement strategies

    Each investor has their own specific portfolio and responsible investment policies. As such, each investor has their own set of ESG risks. PIRC therefore works with clients to design engagement strategies and objectives based on their own unique set of risks.

  • Meeting companies

    To change company behaviour and reduce investment risk, PIRC engages directly with company boards and representatives on ESG issues. PIRC sets meeting objectives and reports back to clients on the outcomes.

  • Attending AGMs

    As part of our approach to effecting change through engagement, PIRC attends AGMs to meet and put questions direct to company boards.

  • Filing shareholder resolutions

    Company policies and practices can at times be too slow to change. PIRC therefore supports clients escalate engagements by drafting and facilitating the filing shareholder resolutions.

  • Collaborative engagements

    PIRC enables clients to work with other investors to amplify the voice of shareholders through collaborative engagements.

  • Our multi-stakeholder approach

    PIRC’s unique approach to engagement includes engaging stakeholders on their concerns. This approach helps our clients more fully understand ESG risks facing investee companies and informs our company engagements.

  • Climate engagement

    Like our clients we recognise the urgency of ensuring companies are aligning their business plans to a decarbonised future. Our engagement team has decades experience engaging on climate issues coupled with detailed knowledge of specific sectoral issues. This winning combination helps us secure changes that our clients want to see at companies.

  • Reporting

    PIRC is committed to transparently reporting engagement activity. We provide clients with information, data and reports on engagement activity, including issues covered, type of activity, and outcomes.

  • Voting guidelines

    Since the 1980s, PIRC has been at the forefront of developing best practice corporate governance guides. Based on this knowledge and experience, our Shareholder Voting Guidelines enables clients to exercise their ownership rights in a consistent and informed way.

  • Tailored guidelines

    PIRC’s voting service is flexible to the needs and interests of our clients. This includes working with clients to tailor voting guidelines to meet their specific responsible investment policies.

  • Proxy reports and voting

    PIRC produces trusted and comprehensive company information which is used by our clients to exercise their ownership rights. Our global proxy research is undertaken by a dedicated and experienced team of researchers. Information covers every equity in our clients’ portfolios and alerts them to major corporate governance, social and environmental risks. Using our proprietary risk rating analysis, we then make voting recommendations.

  • Vote execution

    PIRC provides a vote execution service for all proxies in our client portfolios. Our service includes a client review and vote-change mechanism through our online platform ensuring you have complete control of voting decisions.

  • Climate votes

    Climate change has become a significant part of AGM agendas. Our services ensure that clients have the information and advice to exercise their shareholder rights on climate change. To do so, PIRC provides research on company climate performance, voting guidance and advice on filing climate resolutions.

  • Quarterly monitoring

    PIRC not only supports clients to exercise their voting rights, we also provide analysis of voting outcomes. This quarterly analysis enables clients to understand market concerns and support their own stewardship disclosures to beneficiaries and stakeholders.

  • Asset manager analysis

    Our voting analysis extends beyond aggregate market trends to examining the actions of specific managers. This analysis enables clients to understand how their managers and the main players in the market are voting, and how this might differ with client positions.

  • Local Authority Peer Group Performance

    Founded on decades of experience and data, PIRC’s unique Local Authority Peer Group analysis supports LGPS funds wanting to improve investment scrutiny and outcomes.

    PIRC’s LGPS investment peer group currently comprises 63 funds with an aggregate value of £266bn. This represents over two-thirds of local authority pension fund assets.

    The Universe has 36 years of Fund and asset class level detailed historical data making it unique and increasingly essential to enable funds to view their investment performance within a long-term, peer group context that will enhance governance and improve decision making.

    If you are interested in learning more, please contact, Karen Thrumble: karen.thrumble@pirc.co.uk

  • Governance data

    PIRC produces trusted and comprehensive company information which is used by our clients to exercise their ownership rights. Our global proxy research is undertaken by a dedicated and experienced team of researchers. Information covers every equity in our clients’ portfolios and alerts them to major corporate governance, social and environmental risks.

  • Governance risk rating

    Based on decades of knowledge, PIRC’s governance risk rating model enables clients to identify threats in their portfolio. These insights are used to inform engagement strategies and assist portfolio construction.

  • Climate data

    Understanding investment risks requires a deep understanding of a company’s environmental performance. PIRC provides clients with environmental and climate change data on a company-by-company basis that is needed to inform their thinking and decision making.

  • Engagement

    Effecting change can take time. PIRC’s engagement database enables clients to track activity by issue, company, and outcome and supports clients own reporting to stakeholders.

  • Data

    PIRC has developed a unique dataset tracking company performance on workforce issues. This data helps clients identify risks and shape engagement activity.

  • Research reports

    Employment issues are often the least considered part of responsible investment. Our research reports on the world of work provide clients with original and valued insights specifically tailored for the investor community.

  • Engagement

    Using our expertise in labour issues, PIRC provides clients with a specialist engagement service to improve employment policies and practices.

  • Just transition

    The race to net zero has the potential to create jobs and growth, but could also have very negative implications for some workers and communities which pose their own ESG threats. PIRC therefore provides research, engagement, and advice to responsible investors on ensuring a just transition.

  • Events

    PIRC hosts events on employment issues which couple our in-house insights and with outside expertise to inform clients on employment risks.

  • Advice

    PIRC provides advice on developing approaches on social issues. This advice includes the investor case for action, investor commitment on social and labour issues and understanding opportunities for influence.

  • Newsletter

    In 2020, PIRC launched the first employment-focused ESG newsletter which provides clients with new perspectives into employment issues affecting investors.

  • Capital strategies

    PIRC supports clients to foster collaboration between workers and investors, including forming and participating in coalitions to effect change on labour issues.

Go Back

Engagement

About

For PIRC engagement success is not about how many comfortable conversations we’ve had with a company.

It’s about reducing ESG risks and delivering the changes clients demand. That’s why our specialist stewardship team is focused on building relationships with companies and boards based on effective dialogue and where necessary robust challenge.

Explore

Get In Touch

Services

  • RI Policies

    Responsible investment policies are the foundation on which ESG activities are built. We work with clients to produce policies and statements focused on their responsible investment priorities and designed to shape their ESG plans.

    Learn More
  • Best practice code compliance

    Industry codes help ensure clients are following responsible investment best practices. PIRC supports and advises clients on meeting standards such as the Stewardship Code and PRI reporting.

    Learn More
  • Public policy

    Regulation and government policy shape the environment in which responsible investors operate. To support the interests of long-term investors, PIRC advises clients on public policy matters, including, regulatory reforms, consultations, and engagement with the policymaking process.

    Learn More
  • Training

    PIRC provides training on the basics of responsible investment to the more technical aspects of the industry.

    Learn More
  • Conference & seminars

    To help inform clients and their stakeholders, PIRC organises conferences and seminars to provide insights from industry leaders and stakeholders on responsible investment issues.

    Learn More
  • Presentations

    As part of our approach to transparency, we provide face-to-face feedback to clients on work undertaken on their behalf, including at pension committees and annual meetings of scheme members. PIRC also provides presentations and in person advice on ESG risks.

    Learn More
  • Climate change

    Climate change is a top concern for us and our clients. We offer a range of advisory services, including on climate policies, code compliance, training and presentations and briefings on emerging issues.

    Learn More
  • LGPS

    PIRC was founded by eight UK local authority pension funds in the 1980s and continues to this day its close relationship with the LGPS. PIRC has extensive knowledge and experience providing advice and support to funds and pools on their specific regulatory requirements and ESG needs as public-facing administering authorities.

    Learn More
  • Companies

    We are committed to using data to understand your risks. PIRC’s global proxy research, covering every equity in our clients’ portfolios, alerts clients to major corporate governance, social and environmental risks. Using our proprietary risk rating analysis, we then make voting recommendations and advise on engagement strategies.

  • Sectors

    Not all sectors face the same risks or behave in the same way. To help inform clients about specific responsible investment risks, PIRC produces bespoke reports for clients on different industrial sectors.

  • Climate change

    Climate change poses specific and significant risk to investors. Our research services offer client insights into company performance and   emerging risks to help you assess and manage the responsible investment threats.

  • Themes

    Some ESG issues can be overlooked or are just emerging. To support of our clients understand their risks, PIRC produces briefings and reports on specific environmental, social and governance issues.

  • Stakeholders

    Relying solely on company disclosures risks investors overlooking ESG threats. To provide a more comprehensive appraisal of risks, PIRC engages affected stakeholders and uses this information to produce reports and briefings for clients.

  • Policy

    PIRC not only highlights risks but advises on how they can be addressed. To do so, PIRC produces reports and briefings to help clients develop governance and public policy positions and investor expectations documents.

  • Bespoke research

    PIRC works with clients to design research and reports tailored to meet the specific needs of clients. This can be a focus on specific sectors, themes, stakeholders and policies or a combination of them.

  • PIRC Alerts

    Our weekly client newsletter PIRC Alerts is a must view source of market, investor and company developments for the responsible investment community. The newsletter provides company-specific commentary, and news of market and regulatory developments. It is widely read in the City, and frequently quoted in specialist and national media. Our clients are entitled to an Alerts subscription. However, it can be ordered separately for an annual subscription.

  • Watchlist

    As part of our offer to keep our clients informed about company developments, we produce a weekly PIRC Watch List. This newsletter keeps our clients up to date about company controversies, prominent responsible investment issues reported over the week, and ongoing concerns at companies with an imminent annual general or special meeting.

  • Designing engagement strategies

    Each investor has their own specific portfolio and responsible investment policies. As such, each investor has their own set of ESG risks. PIRC therefore works with clients to design engagement strategies and objectives based on their own unique set of risks.

  • Meeting companies

    To change company behaviour and reduce investment risk, PIRC engages directly with company boards and representatives on ESG issues. PIRC sets meeting objectives and reports back to clients on the outcomes.

  • Attending AGMs

    As part of our approach to effecting change through engagement, PIRC attends AGMs to meet and put questions direct to company boards.

  • Filing shareholder resolutions

    Company policies and practices can at times be too slow to change. PIRC therefore supports clients escalate engagements by drafting and facilitating the filing shareholder resolutions.

  • Collaborative engagements

    PIRC enables clients to work with other investors to amplify the voice of shareholders through collaborative engagements.

  • Our multi-stakeholder approach

    PIRC’s unique approach to engagement includes engaging stakeholders on their concerns. This approach helps our clients more fully understand ESG risks facing investee companies and informs our company engagements.

  • Climate engagement

    Like our clients we recognise the urgency of ensuring companies are aligning their business plans to a decarbonised future. Our engagement team has decades experience engaging on climate issues coupled with detailed knowledge of specific sectoral issues. This winning combination helps us secure changes that our clients want to see at companies.

  • Reporting

    PIRC is committed to transparently reporting engagement activity. We provide clients with information, data and reports on engagement activity, including issues covered, type of activity, and outcomes.

  • Voting guidelines

    Since the 1980s, PIRC has been at the forefront of developing best practice corporate governance guides. Based on this knowledge and experience, our Shareholder Voting Guidelines enables clients to exercise their ownership rights in a consistent and informed way.

  • Tailored guidelines

    PIRC’s voting service is flexible to the needs and interests of our clients. This includes working with clients to tailor voting guidelines to meet their specific responsible investment policies.

  • Proxy reports and voting

    PIRC produces trusted and comprehensive company information which is used by our clients to exercise their ownership rights. Our global proxy research is undertaken by a dedicated and experienced team of researchers. Information covers every equity in our clients’ portfolios and alerts them to major corporate governance, social and environmental risks. Using our proprietary risk rating analysis, we then make voting recommendations.

  • Vote execution

    PIRC provides a vote execution service for all proxies in our client portfolios. Our service includes a client review and vote-change mechanism through our online platform ensuring you have complete control of voting decisions.

  • Climate votes

    Climate change has become a significant part of AGM agendas. Our services ensure that clients have the information and advice to exercise their shareholder rights on climate change. To do so, PIRC provides research on company climate performance, voting guidance and advice on filing climate resolutions.

  • Quarterly monitoring

    PIRC not only supports clients to exercise their voting rights, we also provide analysis of voting outcomes. This quarterly analysis enables clients to understand market concerns and support their own stewardship disclosures to beneficiaries and stakeholders.

  • Asset manager analysis

    Our voting analysis extends beyond aggregate market trends to examining the actions of specific managers. This analysis enables clients to understand how their managers and the main players in the market are voting, and how this might differ with client positions.

  • Local Authority Peer Group Performance

    Founded on decades of experience and data, PIRC’s unique Local Authority Peer Group analysis supports LGPS funds wanting to improve investment scrutiny and outcomes.

    PIRC’s LGPS investment peer group currently comprises 63 funds with an aggregate value of £266bn. This represents over two-thirds of local authority pension fund assets.

    The Universe has 36 years of Fund and asset class level detailed historical data making it unique and increasingly essential to enable funds to view their investment performance within a long-term, peer group context that will enhance governance and improve decision making.

    If you are interested in learning more, please contact, Karen Thrumble: karen.thrumble@pirc.co.uk

  • Governance data

    PIRC produces trusted and comprehensive company information which is used by our clients to exercise their ownership rights. Our global proxy research is undertaken by a dedicated and experienced team of researchers. Information covers every equity in our clients’ portfolios and alerts them to major corporate governance, social and environmental risks.

  • Governance risk rating

    Based on decades of knowledge, PIRC’s governance risk rating model enables clients to identify threats in their portfolio. These insights are used to inform engagement strategies and assist portfolio construction.

  • Climate data

    Understanding investment risks requires a deep understanding of a company’s environmental performance. PIRC provides clients with environmental and climate change data on a company-by-company basis that is needed to inform their thinking and decision making.

  • Engagement

    Effecting change can take time. PIRC’s engagement database enables clients to track activity by issue, company, and outcome and supports clients own reporting to stakeholders.

  • Data

    PIRC has developed a unique dataset tracking company performance on workforce issues. This data helps clients identify risks and shape engagement activity.

  • Research reports

    Employment issues are often the least considered part of responsible investment. Our research reports on the world of work provide clients with original and valued insights specifically tailored for the investor community.

  • Engagement

    Using our expertise in labour issues, PIRC provides clients with a specialist engagement service to improve employment policies and practices.

  • Just transition

    The race to net zero has the potential to create jobs and growth, but could also have very negative implications for some workers and communities which pose their own ESG threats. PIRC therefore provides research, engagement, and advice to responsible investors on ensuring a just transition.

  • Events

    PIRC hosts events on employment issues which couple our in-house insights and with outside expertise to inform clients on employment risks.

  • Advice

    PIRC provides advice on developing approaches on social issues. This advice includes the investor case for action, investor commitment on social and labour issues and understanding opportunities for influence.

  • Newsletter

    In 2020, PIRC launched the first employment-focused ESG newsletter which provides clients with new perspectives into employment issues affecting investors.

  • Capital strategies

    PIRC supports clients to foster collaboration between workers and investors, including forming and participating in coalitions to effect change on labour issues.

Go Back

Voting

About

Never afraid to take robust voting positions

PIRC advises and supports its clients to vote for changes needed to support the highest standards of corporate governance to protect shareholder value.

Explore

Get In Touch

Services

  • RI Policies

    Responsible investment policies are the foundation on which ESG activities are built. We work with clients to produce policies and statements focused on their responsible investment priorities and designed to shape their ESG plans.

    Learn More
  • Best practice code compliance

    Industry codes help ensure clients are following responsible investment best practices. PIRC supports and advises clients on meeting standards such as the Stewardship Code and PRI reporting.

    Learn More
  • Public policy

    Regulation and government policy shape the environment in which responsible investors operate. To support the interests of long-term investors, PIRC advises clients on public policy matters, including, regulatory reforms, consultations, and engagement with the policymaking process.

    Learn More
  • Training

    PIRC provides training on the basics of responsible investment to the more technical aspects of the industry.

    Learn More
  • Conference & seminars

    To help inform clients and their stakeholders, PIRC organises conferences and seminars to provide insights from industry leaders and stakeholders on responsible investment issues.

    Learn More
  • Presentations

    As part of our approach to transparency, we provide face-to-face feedback to clients on work undertaken on their behalf, including at pension committees and annual meetings of scheme members. PIRC also provides presentations and in person advice on ESG risks.

    Learn More
  • Climate change

    Climate change is a top concern for us and our clients. We offer a range of advisory services, including on climate policies, code compliance, training and presentations and briefings on emerging issues.

    Learn More
  • LGPS

    PIRC was founded by eight UK local authority pension funds in the 1980s and continues to this day its close relationship with the LGPS. PIRC has extensive knowledge and experience providing advice and support to funds and pools on their specific regulatory requirements and ESG needs as public-facing administering authorities.

    Learn More
  • Companies

    We are committed to using data to understand your risks. PIRC’s global proxy research, covering every equity in our clients’ portfolios, alerts clients to major corporate governance, social and environmental risks. Using our proprietary risk rating analysis, we then make voting recommendations and advise on engagement strategies.

  • Sectors

    Not all sectors face the same risks or behave in the same way. To help inform clients about specific responsible investment risks, PIRC produces bespoke reports for clients on different industrial sectors.

  • Climate change

    Climate change poses specific and significant risk to investors. Our research services offer client insights into company performance and   emerging risks to help you assess and manage the responsible investment threats.

  • Themes

    Some ESG issues can be overlooked or are just emerging. To support of our clients understand their risks, PIRC produces briefings and reports on specific environmental, social and governance issues.

  • Stakeholders

    Relying solely on company disclosures risks investors overlooking ESG threats. To provide a more comprehensive appraisal of risks, PIRC engages affected stakeholders and uses this information to produce reports and briefings for clients.

  • Policy

    PIRC not only highlights risks but advises on how they can be addressed. To do so, PIRC produces reports and briefings to help clients develop governance and public policy positions and investor expectations documents.

  • Bespoke research

    PIRC works with clients to design research and reports tailored to meet the specific needs of clients. This can be a focus on specific sectors, themes, stakeholders and policies or a combination of them.

  • PIRC Alerts

    Our weekly client newsletter PIRC Alerts is a must view source of market, investor and company developments for the responsible investment community. The newsletter provides company-specific commentary, and news of market and regulatory developments. It is widely read in the City, and frequently quoted in specialist and national media. Our clients are entitled to an Alerts subscription. However, it can be ordered separately for an annual subscription.

  • Watchlist

    As part of our offer to keep our clients informed about company developments, we produce a weekly PIRC Watch List. This newsletter keeps our clients up to date about company controversies, prominent responsible investment issues reported over the week, and ongoing concerns at companies with an imminent annual general or special meeting.

  • Designing engagement strategies

    Each investor has their own specific portfolio and responsible investment policies. As such, each investor has their own set of ESG risks. PIRC therefore works with clients to design engagement strategies and objectives based on their own unique set of risks.

  • Meeting companies

    To change company behaviour and reduce investment risk, PIRC engages directly with company boards and representatives on ESG issues. PIRC sets meeting objectives and reports back to clients on the outcomes.

  • Attending AGMs

    As part of our approach to effecting change through engagement, PIRC attends AGMs to meet and put questions direct to company boards.

  • Filing shareholder resolutions

    Company policies and practices can at times be too slow to change. PIRC therefore supports clients escalate engagements by drafting and facilitating the filing shareholder resolutions.

  • Collaborative engagements

    PIRC enables clients to work with other investors to amplify the voice of shareholders through collaborative engagements.

  • Our multi-stakeholder approach

    PIRC’s unique approach to engagement includes engaging stakeholders on their concerns. This approach helps our clients more fully understand ESG risks facing investee companies and informs our company engagements.

  • Climate engagement

    Like our clients we recognise the urgency of ensuring companies are aligning their business plans to a decarbonised future. Our engagement team has decades experience engaging on climate issues coupled with detailed knowledge of specific sectoral issues. This winning combination helps us secure changes that our clients want to see at companies.

  • Reporting

    PIRC is committed to transparently reporting engagement activity. We provide clients with information, data and reports on engagement activity, including issues covered, type of activity, and outcomes.

  • Voting guidelines

    Since the 1980s, PIRC has been at the forefront of developing best practice corporate governance guides. Based on this knowledge and experience, our Shareholder Voting Guidelines enables clients to exercise their ownership rights in a consistent and informed way.

  • Tailored guidelines

    PIRC’s voting service is flexible to the needs and interests of our clients. This includes working with clients to tailor voting guidelines to meet their specific responsible investment policies.

  • Proxy reports and voting

    PIRC produces trusted and comprehensive company information which is used by our clients to exercise their ownership rights. Our global proxy research is undertaken by a dedicated and experienced team of researchers. Information covers every equity in our clients’ portfolios and alerts them to major corporate governance, social and environmental risks. Using our proprietary risk rating analysis, we then make voting recommendations.

  • Vote execution

    PIRC provides a vote execution service for all proxies in our client portfolios. Our service includes a client review and vote-change mechanism through our online platform ensuring you have complete control of voting decisions.

  • Climate votes

    Climate change has become a significant part of AGM agendas. Our services ensure that clients have the information and advice to exercise their shareholder rights on climate change. To do so, PIRC provides research on company climate performance, voting guidance and advice on filing climate resolutions.

  • Quarterly monitoring

    PIRC not only supports clients to exercise their voting rights, we also provide analysis of voting outcomes. This quarterly analysis enables clients to understand market concerns and support their own stewardship disclosures to beneficiaries and stakeholders.

  • Asset manager analysis

    Our voting analysis extends beyond aggregate market trends to examining the actions of specific managers. This analysis enables clients to understand how their managers and the main players in the market are voting, and how this might differ with client positions.

  • Local Authority Peer Group Performance

    Founded on decades of experience and data, PIRC’s unique Local Authority Peer Group analysis supports LGPS funds wanting to improve investment scrutiny and outcomes.

    PIRC’s LGPS investment peer group currently comprises 63 funds with an aggregate value of £266bn. This represents over two-thirds of local authority pension fund assets.

    The Universe has 36 years of Fund and asset class level detailed historical data making it unique and increasingly essential to enable funds to view their investment performance within a long-term, peer group context that will enhance governance and improve decision making.

    If you are interested in learning more, please contact, Karen Thrumble: karen.thrumble@pirc.co.uk

  • Governance data

    PIRC produces trusted and comprehensive company information which is used by our clients to exercise their ownership rights. Our global proxy research is undertaken by a dedicated and experienced team of researchers. Information covers every equity in our clients’ portfolios and alerts them to major corporate governance, social and environmental risks.

  • Governance risk rating

    Based on decades of knowledge, PIRC’s governance risk rating model enables clients to identify threats in their portfolio. These insights are used to inform engagement strategies and assist portfolio construction.

  • Climate data

    Understanding investment risks requires a deep understanding of a company’s environmental performance. PIRC provides clients with environmental and climate change data on a company-by-company basis that is needed to inform their thinking and decision making.

  • Engagement

    Effecting change can take time. PIRC’s engagement database enables clients to track activity by issue, company, and outcome and supports clients own reporting to stakeholders.

  • Data

    PIRC has developed a unique dataset tracking company performance on workforce issues. This data helps clients identify risks and shape engagement activity.

  • Research reports

    Employment issues are often the least considered part of responsible investment. Our research reports on the world of work provide clients with original and valued insights specifically tailored for the investor community.

  • Engagement

    Using our expertise in labour issues, PIRC provides clients with a specialist engagement service to improve employment policies and practices.

  • Just transition

    The race to net zero has the potential to create jobs and growth, but could also have very negative implications for some workers and communities which pose their own ESG threats. PIRC therefore provides research, engagement, and advice to responsible investors on ensuring a just transition.

  • Events

    PIRC hosts events on employment issues which couple our in-house insights and with outside expertise to inform clients on employment risks.

  • Advice

    PIRC provides advice on developing approaches on social issues. This advice includes the investor case for action, investor commitment on social and labour issues and understanding opportunities for influence.

  • Newsletter

    In 2020, PIRC launched the first employment-focused ESG newsletter which provides clients with new perspectives into employment issues affecting investors.

  • Capital strategies

    PIRC supports clients to foster collaboration between workers and investors, including forming and participating in coalitions to effect change on labour issues.

Go Back

Peer Group Benchmarking

About

PIRC’s Local Authority Pension Performance Peer Group provides LGPS funds with a unique benchmark and essential insights into their investment performance.

Alongside our investment performance benchmark, PIRC provides a range of governance and engagement data focused squarely on supporting clients to make decisions with confidence.

Explore

Get In Touch

Services

  • RI Policies

    Responsible investment policies are the foundation on which ESG activities are built. We work with clients to produce policies and statements focused on their responsible investment priorities and designed to shape their ESG plans.

    Learn More
  • Best practice code compliance

    Industry codes help ensure clients are following responsible investment best practices. PIRC supports and advises clients on meeting standards such as the Stewardship Code and PRI reporting.

    Learn More
  • Public policy

    Regulation and government policy shape the environment in which responsible investors operate. To support the interests of long-term investors, PIRC advises clients on public policy matters, including, regulatory reforms, consultations, and engagement with the policymaking process.

    Learn More
  • Training

    PIRC provides training on the basics of responsible investment to the more technical aspects of the industry.

    Learn More
  • Conference & seminars

    To help inform clients and their stakeholders, PIRC organises conferences and seminars to provide insights from industry leaders and stakeholders on responsible investment issues.

    Learn More
  • Presentations

    As part of our approach to transparency, we provide face-to-face feedback to clients on work undertaken on their behalf, including at pension committees and annual meetings of scheme members. PIRC also provides presentations and in person advice on ESG risks.

    Learn More
  • Climate change

    Climate change is a top concern for us and our clients. We offer a range of advisory services, including on climate policies, code compliance, training and presentations and briefings on emerging issues.

    Learn More
  • LGPS

    PIRC was founded by eight UK local authority pension funds in the 1980s and continues to this day its close relationship with the LGPS. PIRC has extensive knowledge and experience providing advice and support to funds and pools on their specific regulatory requirements and ESG needs as public-facing administering authorities.

    Learn More
  • Companies

    We are committed to using data to understand your risks. PIRC’s global proxy research, covering every equity in our clients’ portfolios, alerts clients to major corporate governance, social and environmental risks. Using our proprietary risk rating analysis, we then make voting recommendations and advise on engagement strategies.

  • Sectors

    Not all sectors face the same risks or behave in the same way. To help inform clients about specific responsible investment risks, PIRC produces bespoke reports for clients on different industrial sectors.

  • Climate change

    Climate change poses specific and significant risk to investors. Our research services offer client insights into company performance and   emerging risks to help you assess and manage the responsible investment threats.

  • Themes

    Some ESG issues can be overlooked or are just emerging. To support of our clients understand their risks, PIRC produces briefings and reports on specific environmental, social and governance issues.

  • Stakeholders

    Relying solely on company disclosures risks investors overlooking ESG threats. To provide a more comprehensive appraisal of risks, PIRC engages affected stakeholders and uses this information to produce reports and briefings for clients.

  • Policy

    PIRC not only highlights risks but advises on how they can be addressed. To do so, PIRC produces reports and briefings to help clients develop governance and public policy positions and investor expectations documents.

  • Bespoke research

    PIRC works with clients to design research and reports tailored to meet the specific needs of clients. This can be a focus on specific sectors, themes, stakeholders and policies or a combination of them.

  • PIRC Alerts

    Our weekly client newsletter PIRC Alerts is a must view source of market, investor and company developments for the responsible investment community. The newsletter provides company-specific commentary, and news of market and regulatory developments. It is widely read in the City, and frequently quoted in specialist and national media. Our clients are entitled to an Alerts subscription. However, it can be ordered separately for an annual subscription.

  • Watchlist

    As part of our offer to keep our clients informed about company developments, we produce a weekly PIRC Watch List. This newsletter keeps our clients up to date about company controversies, prominent responsible investment issues reported over the week, and ongoing concerns at companies with an imminent annual general or special meeting.

  • Designing engagement strategies

    Each investor has their own specific portfolio and responsible investment policies. As such, each investor has their own set of ESG risks. PIRC therefore works with clients to design engagement strategies and objectives based on their own unique set of risks.

  • Meeting companies

    To change company behaviour and reduce investment risk, PIRC engages directly with company boards and representatives on ESG issues. PIRC sets meeting objectives and reports back to clients on the outcomes.

  • Attending AGMs

    As part of our approach to effecting change through engagement, PIRC attends AGMs to meet and put questions direct to company boards.

  • Filing shareholder resolutions

    Company policies and practices can at times be too slow to change. PIRC therefore supports clients escalate engagements by drafting and facilitating the filing shareholder resolutions.

  • Collaborative engagements

    PIRC enables clients to work with other investors to amplify the voice of shareholders through collaborative engagements.

  • Our multi-stakeholder approach

    PIRC’s unique approach to engagement includes engaging stakeholders on their concerns. This approach helps our clients more fully understand ESG risks facing investee companies and informs our company engagements.

  • Climate engagement

    Like our clients we recognise the urgency of ensuring companies are aligning their business plans to a decarbonised future. Our engagement team has decades experience engaging on climate issues coupled with detailed knowledge of specific sectoral issues. This winning combination helps us secure changes that our clients want to see at companies.

  • Reporting

    PIRC is committed to transparently reporting engagement activity. We provide clients with information, data and reports on engagement activity, including issues covered, type of activity, and outcomes.

  • Voting guidelines

    Since the 1980s, PIRC has been at the forefront of developing best practice corporate governance guides. Based on this knowledge and experience, our Shareholder Voting Guidelines enables clients to exercise their ownership rights in a consistent and informed way.

  • Tailored guidelines

    PIRC’s voting service is flexible to the needs and interests of our clients. This includes working with clients to tailor voting guidelines to meet their specific responsible investment policies.

  • Proxy reports and voting

    PIRC produces trusted and comprehensive company information which is used by our clients to exercise their ownership rights. Our global proxy research is undertaken by a dedicated and experienced team of researchers. Information covers every equity in our clients’ portfolios and alerts them to major corporate governance, social and environmental risks. Using our proprietary risk rating analysis, we then make voting recommendations.

  • Vote execution

    PIRC provides a vote execution service for all proxies in our client portfolios. Our service includes a client review and vote-change mechanism through our online platform ensuring you have complete control of voting decisions.

  • Climate votes

    Climate change has become a significant part of AGM agendas. Our services ensure that clients have the information and advice to exercise their shareholder rights on climate change. To do so, PIRC provides research on company climate performance, voting guidance and advice on filing climate resolutions.

  • Quarterly monitoring

    PIRC not only supports clients to exercise their voting rights, we also provide analysis of voting outcomes. This quarterly analysis enables clients to understand market concerns and support their own stewardship disclosures to beneficiaries and stakeholders.

  • Asset manager analysis

    Our voting analysis extends beyond aggregate market trends to examining the actions of specific managers. This analysis enables clients to understand how their managers and the main players in the market are voting, and how this might differ with client positions.

  • Local Authority Peer Group Performance

    Founded on decades of experience and data, PIRC’s unique Local Authority Peer Group analysis supports LGPS funds wanting to improve investment scrutiny and outcomes.

    PIRC’s LGPS investment peer group currently comprises 63 funds with an aggregate value of £266bn. This represents over two-thirds of local authority pension fund assets.

    The Universe has 36 years of Fund and asset class level detailed historical data making it unique and increasingly essential to enable funds to view their investment performance within a long-term, peer group context that will enhance governance and improve decision making.

    If you are interested in learning more, please contact, Karen Thrumble: karen.thrumble@pirc.co.uk

  • Governance data

    PIRC produces trusted and comprehensive company information which is used by our clients to exercise their ownership rights. Our global proxy research is undertaken by a dedicated and experienced team of researchers. Information covers every equity in our clients’ portfolios and alerts them to major corporate governance, social and environmental risks.

  • Governance risk rating

    Based on decades of knowledge, PIRC’s governance risk rating model enables clients to identify threats in their portfolio. These insights are used to inform engagement strategies and assist portfolio construction.

  • Climate data

    Understanding investment risks requires a deep understanding of a company’s environmental performance. PIRC provides clients with environmental and climate change data on a company-by-company basis that is needed to inform their thinking and decision making.

  • Engagement

    Effecting change can take time. PIRC’s engagement database enables clients to track activity by issue, company, and outcome and supports clients own reporting to stakeholders.

  • Data

    PIRC has developed a unique dataset tracking company performance on workforce issues. This data helps clients identify risks and shape engagement activity.

  • Research reports

    Employment issues are often the least considered part of responsible investment. Our research reports on the world of work provide clients with original and valued insights specifically tailored for the investor community.

  • Engagement

    Using our expertise in labour issues, PIRC provides clients with a specialist engagement service to improve employment policies and practices.

  • Just transition

    The race to net zero has the potential to create jobs and growth, but could also have very negative implications for some workers and communities which pose their own ESG threats. PIRC therefore provides research, engagement, and advice to responsible investors on ensuring a just transition.

  • Events

    PIRC hosts events on employment issues which couple our in-house insights and with outside expertise to inform clients on employment risks.

  • Advice

    PIRC provides advice on developing approaches on social issues. This advice includes the investor case for action, investor commitment on social and labour issues and understanding opportunities for influence.

  • Newsletter

    In 2020, PIRC launched the first employment-focused ESG newsletter which provides clients with new perspectives into employment issues affecting investors.

  • Capital strategies

    PIRC supports clients to foster collaboration between workers and investors, including forming and participating in coalitions to effect change on labour issues.

Go Back

Work

About

For too long work has taken a backseat in responsible investment activity.

Despite its importance to value creation too many stewardship providers and investors have only ever paid lip service to decent work and good employment standards. PIRC’s specialist stewardship services are changing this.

Explore

Get In Touch

Services

  • RI Policies

    Responsible investment policies are the foundation on which ESG activities are built. We work with clients to produce policies and statements focused on their responsible investment priorities and designed to shape their ESG plans.

    Learn More
  • Best practice code compliance

    Industry codes help ensure clients are following responsible investment best practices. PIRC supports and advises clients on meeting standards such as the Stewardship Code and PRI reporting.

    Learn More
  • Public policy

    Regulation and government policy shape the environment in which responsible investors operate. To support the interests of long-term investors, PIRC advises clients on public policy matters, including, regulatory reforms, consultations, and engagement with the policymaking process.

    Learn More
  • Training

    PIRC provides training on the basics of responsible investment to the more technical aspects of the industry.

    Learn More
  • Conference & seminars

    To help inform clients and their stakeholders, PIRC organises conferences and seminars to provide insights from industry leaders and stakeholders on responsible investment issues.

    Learn More
  • Presentations

    As part of our approach to transparency, we provide face-to-face feedback to clients on work undertaken on their behalf, including at pension committees and annual meetings of scheme members. PIRC also provides presentations and in person advice on ESG risks.

    Learn More
  • Climate change

    Climate change is a top concern for us and our clients. We offer a range of advisory services, including on climate policies, code compliance, training and presentations and briefings on emerging issues.

    Learn More
  • LGPS

    PIRC was founded by eight UK local authority pension funds in the 1980s and continues to this day its close relationship with the LGPS. PIRC has extensive knowledge and experience providing advice and support to funds and pools on their specific regulatory requirements and ESG needs as public-facing administering authorities.

    Learn More
  • Companies

    We are committed to using data to understand your risks. PIRC’s global proxy research, covering every equity in our clients’ portfolios, alerts clients to major corporate governance, social and environmental risks. Using our proprietary risk rating analysis, we then make voting recommendations and advise on engagement strategies.

  • Sectors

    Not all sectors face the same risks or behave in the same way. To help inform clients about specific responsible investment risks, PIRC produces bespoke reports for clients on different industrial sectors.

  • Climate change

    Climate change poses specific and significant risk to investors. Our research services offer client insights into company performance and   emerging risks to help you assess and manage the responsible investment threats.

  • Themes

    Some ESG issues can be overlooked or are just emerging. To support of our clients understand their risks, PIRC produces briefings and reports on specific environmental, social and governance issues.

  • Stakeholders

    Relying solely on company disclosures risks investors overlooking ESG threats. To provide a more comprehensive appraisal of risks, PIRC engages affected stakeholders and uses this information to produce reports and briefings for clients.

  • Policy

    PIRC not only highlights risks but advises on how they can be addressed. To do so, PIRC produces reports and briefings to help clients develop governance and public policy positions and investor expectations documents.

  • Bespoke research

    PIRC works with clients to design research and reports tailored to meet the specific needs of clients. This can be a focus on specific sectors, themes, stakeholders and policies or a combination of them.

  • PIRC Alerts

    Our weekly client newsletter PIRC Alerts is a must view source of market, investor and company developments for the responsible investment community. The newsletter provides company-specific commentary, and news of market and regulatory developments. It is widely read in the City, and frequently quoted in specialist and national media. Our clients are entitled to an Alerts subscription. However, it can be ordered separately for an annual subscription.

  • Watchlist

    As part of our offer to keep our clients informed about company developments, we produce a weekly PIRC Watch List. This newsletter keeps our clients up to date about company controversies, prominent responsible investment issues reported over the week, and ongoing concerns at companies with an imminent annual general or special meeting.

  • Designing engagement strategies

    Each investor has their own specific portfolio and responsible investment policies. As such, each investor has their own set of ESG risks. PIRC therefore works with clients to design engagement strategies and objectives based on their own unique set of risks.

  • Meeting companies

    To change company behaviour and reduce investment risk, PIRC engages directly with company boards and representatives on ESG issues. PIRC sets meeting objectives and reports back to clients on the outcomes.

  • Attending AGMs

    As part of our approach to effecting change through engagement, PIRC attends AGMs to meet and put questions direct to company boards.

  • Filing shareholder resolutions

    Company policies and practices can at times be too slow to change. PIRC therefore supports clients escalate engagements by drafting and facilitating the filing shareholder resolutions.

  • Collaborative engagements

    PIRC enables clients to work with other investors to amplify the voice of shareholders through collaborative engagements.

  • Our multi-stakeholder approach

    PIRC’s unique approach to engagement includes engaging stakeholders on their concerns. This approach helps our clients more fully understand ESG risks facing investee companies and informs our company engagements.

  • Climate engagement

    Like our clients we recognise the urgency of ensuring companies are aligning their business plans to a decarbonised future. Our engagement team has decades experience engaging on climate issues coupled with detailed knowledge of specific sectoral issues. This winning combination helps us secure changes that our clients want to see at companies.

  • Reporting

    PIRC is committed to transparently reporting engagement activity. We provide clients with information, data and reports on engagement activity, including issues covered, type of activity, and outcomes.

  • Voting guidelines

    Since the 1980s, PIRC has been at the forefront of developing best practice corporate governance guides. Based on this knowledge and experience, our Shareholder Voting Guidelines enables clients to exercise their ownership rights in a consistent and informed way.

  • Tailored guidelines

    PIRC’s voting service is flexible to the needs and interests of our clients. This includes working with clients to tailor voting guidelines to meet their specific responsible investment policies.

  • Proxy reports and voting

    PIRC produces trusted and comprehensive company information which is used by our clients to exercise their ownership rights. Our global proxy research is undertaken by a dedicated and experienced team of researchers. Information covers every equity in our clients’ portfolios and alerts them to major corporate governance, social and environmental risks. Using our proprietary risk rating analysis, we then make voting recommendations.

  • Vote execution

    PIRC provides a vote execution service for all proxies in our client portfolios. Our service includes a client review and vote-change mechanism through our online platform ensuring you have complete control of voting decisions.

  • Climate votes

    Climate change has become a significant part of AGM agendas. Our services ensure that clients have the information and advice to exercise their shareholder rights on climate change. To do so, PIRC provides research on company climate performance, voting guidance and advice on filing climate resolutions.

  • Quarterly monitoring

    PIRC not only supports clients to exercise their voting rights, we also provide analysis of voting outcomes. This quarterly analysis enables clients to understand market concerns and support their own stewardship disclosures to beneficiaries and stakeholders.

  • Asset manager analysis

    Our voting analysis extends beyond aggregate market trends to examining the actions of specific managers. This analysis enables clients to understand how their managers and the main players in the market are voting, and how this might differ with client positions.

  • Local Authority Peer Group Performance

    Founded on decades of experience and data, PIRC’s unique Local Authority Peer Group analysis supports LGPS funds wanting to improve investment scrutiny and outcomes.

    PIRC’s LGPS investment peer group currently comprises 63 funds with an aggregate value of £266bn. This represents over two-thirds of local authority pension fund assets.

    The Universe has 36 years of Fund and asset class level detailed historical data making it unique and increasingly essential to enable funds to view their investment performance within a long-term, peer group context that will enhance governance and improve decision making.

    If you are interested in learning more, please contact, Karen Thrumble: karen.thrumble@pirc.co.uk

  • Governance data

    PIRC produces trusted and comprehensive company information which is used by our clients to exercise their ownership rights. Our global proxy research is undertaken by a dedicated and experienced team of researchers. Information covers every equity in our clients’ portfolios and alerts them to major corporate governance, social and environmental risks.

  • Governance risk rating

    Based on decades of knowledge, PIRC’s governance risk rating model enables clients to identify threats in their portfolio. These insights are used to inform engagement strategies and assist portfolio construction.

  • Climate data

    Understanding investment risks requires a deep understanding of a company’s environmental performance. PIRC provides clients with environmental and climate change data on a company-by-company basis that is needed to inform their thinking and decision making.

  • Engagement

    Effecting change can take time. PIRC’s engagement database enables clients to track activity by issue, company, and outcome and supports clients own reporting to stakeholders.

  • Data

    PIRC has developed a unique dataset tracking company performance on workforce issues. This data helps clients identify risks and shape engagement activity.

  • Research reports

    Employment issues are often the least considered part of responsible investment. Our research reports on the world of work provide clients with original and valued insights specifically tailored for the investor community.

  • Engagement

    Using our expertise in labour issues, PIRC provides clients with a specialist engagement service to improve employment policies and practices.

  • Just transition

    The race to net zero has the potential to create jobs and growth, but could also have very negative implications for some workers and communities which pose their own ESG threats. PIRC therefore provides research, engagement, and advice to responsible investors on ensuring a just transition.

  • Events

    PIRC hosts events on employment issues which couple our in-house insights and with outside expertise to inform clients on employment risks.

  • Advice

    PIRC provides advice on developing approaches on social issues. This advice includes the investor case for action, investor commitment on social and labour issues and understanding opportunities for influence.

  • Newsletter

    In 2020, PIRC launched the first employment-focused ESG newsletter which provides clients with new perspectives into employment issues affecting investors.

  • Capital strategies

    PIRC supports clients to foster collaboration between workers and investors, including forming and participating in coalitions to effect change on labour issues.

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PIRC

Pensions & Investment Research Consultants Ltd (PIRC) is Europe’s largest independent corporate governance and shareholder advisory consultancy with over 30 years’ experience in providing stewardship and proxy research services to institutional investors on environmental, social and governance issues.


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