Caroline Escott, Senior Investment Manager at UK pension scheme Railpen, has been named to the Oversight Committee of the Best Practice Principles Group (BPPG). Formed in 2013, the group aims to improve understanding of the corporate governance and proxy research support services provided to professional investors and other capital markets participants. Other members of the BPPG oversight committee include the Council of Institutional Investors’ Deputy Director Glenn Davis, Durham University’s Professor in Strategy and Governance Anna Tilba, and BNP Paribas Asset Management’s Global Head of Stewardship Michael Herskovich, who is also Vice-chair of the International Corporate Governance Network. “At what is a critical time for stewardship generally, and the proxy and ESG research community specifically, I’m pleased to have the opportunity to contribute to this global group’s important work,” said Escott. In addition to her role at Railpen, Escott chairs the Investor Coalition for Equal Votes (ICEV), a group which campaigns globally against dual class share structures. She also co-chaired the UK Financial Conduct Authority’s Vote Reporting Group alongside Scottish Widows’ Investment Stewardship Lead Shipra Gupta, which is due to confirm next steps in the spring, including an agreed vote reporting template.
