Governance for Growth Investor Campaign Welcomes Nest & Pi Partnership As New Members

In December 2025, the GGIC also announced four major investment-focused and multi-trillion AUM organisations as new supporters: Pensions UK, the International Corporate Governance Network (ICGN), the Principles for Responsible Investment (PRI), and the UK Sustainable Investment and Finance Association (UKSIF). Other members of the campaign are Brightwell, the Brunel Pension Partnership, The Church of England Pension Board, People’s Pension and Railpen.

Launched in July 2025, the GGIC aims to promote effective corporate governance and shareholder rights as essential drivers of sustainable economic growth and long-term value creation in UK capital markets. The campaign previously set out its 2026 policy priorities, committing to engage with UK policymakers along the following four themes:

• Advocating for good governance initiatives including modernising AGMs in a way that allows in-person attendance

• Asking for further and formal inclusion of scheme investors in key capital markets decision-making forums, such as the Financial Conduct Authority’s Listing Authority Advisory Panel.

• Supporting proposals for addressing fragmentation and removing artificial divides between public and private markets, including disclosure requirements for companies moving from AIM to Main Market.

• Calling on Parliamentarians to use debates, committee work or media appearances to champion the contribution of high standards of governance to the UK’s USP as a destination for capital.

Following the Government’s decision to drop the Draft Audit Reform and Corporate Governance Bill in January 2026, which the GGIC at the time called on ministers to “reconsider”, the campaign is now focused on the planned Modernisation of Corporate Reporting consultation, which will explore issues including virtual-only AGMs, remuneration voting rights and how reporting can be streamlined to provide more decision-useful information to investors.

The GGIC will use the consultation to highlight the important role that clear information, sensible governance measures and transparent, trust-based relationships between companies and investors have in contributing to sustainable economic growth, including through proportionate streamlining where it reduces unnecessary complexity.

Katharina Lindmeier, Head of Sustainability Strategy at Nest said: “Nest is pleased to join the Governance for Growth Investor Campaign, recognising the vital role of strong governance and investor protections in UK capital markets. As a long-term asset owner, we believe it is important that the interests and perspectives of UK savers continue to be represented in policy discussions. GGIC provides a valuable platform for collaborative, evidence-led engagement to support sustainable growth while safeguarding the long-term interests of everyday savers.”

Dr Hans-Christoph Hirt, Professional Trustee at Pi Partnership: “Pi Partnership is delighted to join the Governance for Growth Investor Campaign. As professional trustees, we focus on protecting and promoting the long-term interests of pension scheme members. At a time when policymakers are looking to pension capital to support UK growth, it is important that the trustee and long-term investor voice is clearly heard in policy debates. Strong governance standards, effective shareholder rights and robust investor protections help create the confidence long-term investors need to allocate capital to companies that can scale, compete and create sustainable value.”

Caroline Escott, Chair of the GGIC, commented: “I’m delighted to welcome Nest and Pi Partnership to our Campaign. Their expertise and insights will be invaluable in further strengthening our Campaign’s depth and credibility. Together, we represent a significant pool of long-term UK capital with a clear interest in healthy UK capital markets.

The growth and momentum of our Campaign speaks to a shared view amongst UK asset owners: sensible governance standards and effective shareholder rights are not constraints on growth, but essential to attracting capital, supporting company performance and delivering long-term returns for millions of savers. We look forward to working with all our members and supporters to ensure the scheme investor voice is clearly reflected in the next phase of UK capital markets reform.”