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WPP pushes for exclusions framework

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The Welsh Pension Partnership (WPP) is seeking to introduce a pool-wide exclusions policy amid growing demands from scheme members for a mechanism to target companies over climate change and human rights concerns.

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The plans, outlined by Nathan Yeowell, chair of the Greater Gwent Pension Fund, at the fund’s committee meeting on 6 October, envisage the launch

Several Reform-led councils are in talks to depart from the LGPS stewardship body LAPFF, following moves by two LGPS funds earlier this summer to break ties with the network.