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Contractual provision on environmental and other matters
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75. (1) An investment management contract shall require the investment management provider to—
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(a) make provision in its risk management system to take account of risks arising from environmental, social and governance factors,
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(b) conduct, at intervals of not more than 3 years, an assessment of the risks referred to in paragraph (a), and report to the Authority on the assessment, and
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(c) prepare, and from time to time revise, a statement describing how considerations arising from environmental, social and governance factors affect its investment decisions.
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(2) An investment management provider shall provide the Authority or any participant on request with a copy of its statement prepared in accordance with subsection (1)(c).
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(3) An investment management contract shall include provision for the obligations of the State under international agreements on environmental sustainability and climate change to be taken into account in carrying out the contract.
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