Border to Coast recognised for strength of governance
Posted on April 12th, 2022
Strong governance is fundamental to building a sustainable organisation, and we are incredibly proud that Border to Coast’s commitment to embedding transparency, integrity, and accountability into its framework was recognised with a Good Governance Award at the annual LAPF Investment Awards.
The awards recognise outstanding achievement in the LGPS, and we are delighted that the award judges recognised the progress we have made in implementing a strong governance structure that puts our 11 Partner Funds at the heart of our decision-making process. Our Board includes two elected members as Partner Fund nominated Non-Executive Directors. We seek to ensure our Partner Funds can exercise their duty for effective oversight while allowing flexibility for day-to-day investment decisions.
Our award submission also highlighted our adoption of relevant parts of the UK Corporate Governance Code, going over and above requirements. These standards are intended for publicly listed companies, but we feel it is right to comply with its spirit. Doing so aligns us with good practice and we hold the companies in which we invest in to the same high standards.
At every stage, Border to Coast works with, and for, our Partner Funds.
We continually seek to ensure we strengthen governance, fulfilling one of the core objectives of LGPS pooling, and we will continue to develop our framework to ensure it remains robust and resilient for the long term. At every stage, Border to Coast works with, and for, our Partner Funds.
Together, we have built a sustainable organisation with efficient, effective decision-making, appropriate oversight, and checks and balances. We believe we are uniquely positioned to benefit from our strong governance structure, and we are delighted that this belief has been reinforced with the support of the LAPF Investment award judges.
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