The ACCESS local authority pension asset pool has appointed Minerva Analytics to support the development of its responsible investment approach.

Minerva Analytics will assist ACCESS with a comprehensive review and revision of the pool’s responsible investment guidelines to ensure they capture the very latest thinking on ESG, stewardship and climate change issues, an announcement said.

The asset owner said Minerva’s expert team will establish a baseline on a wide range of ESG and responsible investment issues across the full range of asset classes for the pool – this will be done through workshops and a programme of in-depth research.

The ACCESS joint committee will use Minerva’s analysis and recommendations to inform its future actions and to meet the requirements and ambitions of the pool’s local authorities, it added.

Mark Kemp-Gee, chair of the ACCESS joint committee, said: “Our objective is to develop a best-in-class investment offer for our LGPS authorities, and a significant part of that process is ensuring responsible investment practices are well informed and effectively deployed.”

He said the collaboration with Minerva will “give us the tools and data to help fulfil long-term responsibilities to the schemes and their members”.

Sarah Wilson, Minerva’s CEO, added that  Minerva continued to build on its 25-year track record with the LGPS community, supporting it “through this period of immense regulatory and market change with innovative solutions”.

ACCESS is a collaboration of 11 local government pension scheme (LGPS) authorities which enables investments on behalf of more than one million members and 3,250 public sector employers, consisting of over £31bn of pension assets.

To read the digital edition of IPE’s latest magazine click here.