Decision-making process

The responsible investment activities of the Church Pension Fund are prepared and executed in four different stages:

• The Board of the Pension Fund approves the responsible investment guidelines, the Climate Change Strategy and the annual reports. Support for the responsible investment activities is included in the Board’s tasks, and all related activities are discussed regularly in the meetings of the Board.
• The Responsible Investment Work Group is an expert body that advises the Board of the Pension Fund on responsible investing and in matters related to corporate responsibility.  The Work Group prepares the responsible investment guidelines and the Climate Change Strategy, and makes recommendations to the Board with regard to issues related to responsible investing.
• The Director of the Church Pension Fund approves participation in international investor initiatives and the decision is reported to the Board.
• The Pension Fund’s Investment Unit is responsible for all investment activities and related reporting. The Investment Unit handles, on a case-by-case basis, any news that arises regarding the responsible practices of companies and communicates with the different relevant stakeholders.