Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: Yes
It was RESOLVED: -
That Cabinet monitors the Council’s treasury management investments in relation to all three aspects of ESG reporting as this develops and looks to make changes to investments at an appropriate time that would strengthen ESG performance but be within acceptable financial considerations.
REASON FOR DECISION
To ensure that the wider issues around environmental, social and governance are considered in relation to treasury management investments and not just the environmental issues raised by Joint Audit and Standards Committee
Alternative Options Considered and Rejected:
1.1 Consider the specific recommendation from Joint Audit and Standards Committee.
1.2 Consider an alternative recommendation that Cabinet wishes to adopt. This is the preferred option.
Any Declarations of Interests Declared: None
Any Dispensation Granted: None
Publication date: 11/01/2022
Date of decision: 10/01/2022
Decided at meeting: 10/01/2022 - Babergh Cabinet
Effective from: 20/01/2022