Changing demographics - in particular increasing longevity of pension scheme members - has a direct impact on the advice and support that Mercer provides to many of its clients (i.e. those with liabilities linked to longevity, such as pension schemes).
From an ESG perspective, all of the long-term trends listed here have a significant impact on the demand drivers for sustainability-themed investments - i.e. demographics, energy and resource demand/use and technology - as they are all linked to climate change in particular, but also broader ESG trends and investment themes, which include education, health, waste, water etc.
Mercer's ongoing intellectual capital work - from within the RI team and more broadly across the firm (particularly the MMC Insights Center) - explores all of these issues and is reflected in our investment advice, manager research (on the investment strategies available to clients), issue specific research (e.g. our climate change reports) and in how we monitor client portfolios.
Summaries of our work in this area can be found on the following webpages of mercer.com:
- Mercer's investment themes and opportunities 2018, 2019 and 2020: https://bit.ly/2ueSppQ (2018), https://www.mercer.com/our-thinking/wealth/global-strategic-investment-themes-opportunities.html#contactForm (2019) and https://www.mercer.com/content/dam/mercer/attachments/private/gl-2020-themes-and-opportunities-2020-vision.pdf (2020)
- RI materials: https://bit.ly/2IO1tVB
- Broader Perspective on Risk paper and video: https://bit.ly/2o1oRaN