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• Question by: Mike Tuffrey
• Meeting date: 17 January 2007

Then I would like to conclude by pushing you to go further and to be public with people like us and, indeed, the 70,000 contributors so that in things that, as it were, I get, I can see you living out what you say your policy is, which is in the question, that you are progressively improving over time. Currently, I do not see that, and I think you should.

• Question by: Mike Tuffrey
• Meeting date: 17 January 2007

Thank you, and I welcome you and thank you for coming. This is an important topic if not one that the media particularly get very excited about. This question is all about socially responsible, ethical investment, and you will be aware that there is quite a debate as to whether there is a choice to be made between returns and ethics. My own view and what is behind this question is that if one is positively engaging - which is, I think, what your strategy is - then the two agendas come together, because the long term sustainable return is...

• Question by: Mike Tuffrey
• Meeting date: 17 January 2007

So if you have an approach or a strategy around engagement on these sorts of issues, is that in the public domain? Again, I could not find if you are engaging, which is the right strategy, what you are actually engaging on. And if you do not, will you promise to put that in the public domain?

• Question by: Mike Tuffrey
• Meeting date: 17 January 2007

I think that would be very helpful, and I think certainly we would like it. I suspect the pensioners and prospective pensioners, would also like it, because then they can at least get into a dialogue with you. The fourth thing that the Fair Pensions organisation asks for is to incorporate your approach to responsible investment into your investment mandates and into your fund manager selection and monitoring. Do I take it from what you said that you do do that?

• Question by: Mike Tuffrey
• Meeting date: 17 January 2007

Can I just ask you to confirm you're responsible investment stamps, and what I would regard as a false choice between returns and responsible investment? If we cast this less in terms of not investing in so called bad things, and more in terms of investing in good things that will contribute to long term sustainablity, is that a summary of your position? My colleague, Jennette [Arnold] has rightly given me some evidence to say that ethical investment can outperform mainstream, but my hunch is that is ethical as defined in terms of sustainable, rather than screening out the bad...

• Question by: Mike Tuffrey
• Meeting date: 17 January 2007

So if you are in a position to put our money behind, as it were, good things going forward, just picking up this particular question in terms of responding to lobbying, crudely, what role does the Mayor play - we have touched on the Board appointments - but in terms of saying, `Well, look, these are our strategies for London, these are the things that we think are going to make London and the wider economy sustainable'?. What attention do you pay to GLA strategies for example?

• Reference: 2007/0006
• Question by: Mike Tuffrey
• Meeting date: 17 January 2007

According to the LFPA Statement of Investment Principles LFPA's investment managers are required to: 'demonstrate that the content, monitoring and effectiveness of their socially responsible investment policies and procedures progressively improves over time.' Can you demonstrate this to us?

• Question by: Geoff Pope
• Meeting date: 19 July 2006

I think this is a question about transport and the effect on poverty, so it might be appropriate for Mr Ross. We know that part of the nature of poverty in London is the cost of travelling, not only to economic and business opportunities, but also, for those perhaps who are less mobile, to hospitals and health centres. We have the situation in London where those people who travel relatively infrequently find that for the cheapest fares you actually need to purchase up-front an Oyster card. If you do not do this, because you've only have a small amount of...

• Question by: Mike Tuffrey
• Meeting date: 19 July 2006

I won't pursue that, because we have some questions on the employment piece a little later, so I was just going to follow on from Angie (Bray). If the 60% of median income, which as she rightly says is a relative measure, is not merely statistical convenience, because there are exclusion or inequality issues, I wonder whether John could help us in terms of the balance between policy measures that address the absolutes and policy measures that should be reducing inequality, because they clearly are differing strands. If the argument is that we need to do both, how do we...

• Question by: Geoff Pope
• Meeting date: 19 July 2006

Given that there is a clear policy to move fully to cashless bus services, which will then have an level playing field, would it not be sensible to explore a campaign to get the last few people over to Oyster cards, including giving out free Oyster cards to people, particularly on the bus routes, where cash is being used a great deal. Brian Coleman (Chairman): I think perhaps, Mr Pope, that this is a specific item of policy which is for the Transport Committee, which you chair, to take up.