Hackney Council has established a new working group to review and potentially revise the council's ethical investment policy, aiming to uphold a higher level of ethical investment
and ensure it fully reflected the members' consultation made
. The decision was made during a meeting on Monday, July 27, 2026.
The Responsible Investment Working Group, chaired by Councillor Izzy Castello-Cortez, will examine the current responsible investment and engagement policy and provide recommendations to the committee. The group's core members include Councillors Cathy Troupp, Florence Schechter, Zoe Holman, Ifat Shekhin, and Charlie Laurie, along with Scheme Member Representative Jonathan Malins-Smith.
Councillor Castello-Cortez stated that the review is being undertaken in light of the new administration and aims to ensure the policy reflects a higher level of ethical investment
and incorporates feedback from members' consultations. The group aims to present something that we deem as an ethical decision, but also one in line with the members' schemes consultation.
The ideal deadline for the completion of this review has been set as September 30, 2026. The working group's efforts are expected to lead to potential revisions that align with the existing consultation and uphold ethical standards in Hackney's investments.
Further details on the council's investment strategy and fund performance can be found in the Public reports pack for the Pensions Committee meeting on Monday, July 27, 2026 Public reports pack Monday 27-Jul-2026 18.30 Pensions Committee.pdf.
