New research reveals U.K. Local Government Pension Scheme (LGPS) fund professionals see the merits of investing in social infrastructure. A recent survey from Alpha Real Capital found that 98 percent of LGPS professionals believe investing in social infrastructure provides a positive social impact.
Social infrastructure is made up of assets that accommodate social services, including schools, universities, hospitals and community housing.
The LGPS fund professionals surveyed can vouch for the impact of social infrastructure. The survey found 91 percent of respondents already receive satisfactory social metrics from their investment managers. At the same time, a lack of meaningful data on ESG reporting is still a major concern. Around 39 percent of those surveyed said a lack of standardized ESG reporting is still the biggest obstacle for meeting reporting obligations, and 14 percent believe the biggest hindrance is a lack of suitable benchmark data.
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