The Governance for Growth Investor Campaign (GGIC) has expanded its membership with the addition of Nest and Pi Partnership, taking the collective assets managed and overseen by its members to more than £200bn.

The campaign said its members now represent around 22 million pension scheme members and have more than £70bn invested in the UK.

Launched in July 2025, the GGIC was established to promote effective corporate governance and shareholder rights as drivers of sustainable economic growth and long-term value creation in UK capital markets.

The campaign’s existing members include Brightwell, the Brunel Pension Partnership, the Church of England Pension Board, People’s Pension and Railpen.

In December 2025, the GGIC also added four investment-focused organisations as supporters: Pensions UK, International Corporate Governance Network, Principles for Responsible Investment and UK Sustainable Investment and Finance Association.

The campaign previously outlined four policy priorities for 2026, including support for governance reforms such as modernising AGMs while retaining in-person attendance, greater inclusion of pension scheme investors in capital markets policy discussions, reforms to reduce fragmentation between public and private markets, and encouraging parliamentarians to champion high governance standards.

However, following the government’s decision to drop the Draft Audit Reform and Corporate Governance Bill in January 2026, the GGIC said it is now focused on the forthcoming Modernisation of Corporate Reporting consultation.

The consultation is expected to examine issues including virtual-only AGMs, remuneration voting rights and streamlining reporting requirements to provide investors with more decision-useful information.

Nest head of sustainability strategy, Katharina Lindmeier, said the provider was pleased to join the 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,” she continued.

“GGIC provides a valuable platform for collaborative, evidence-led engagement to support sustainable growth while safeguarding the long-term interests of everyday savers.”

Pi Partnership professional trustee, Dr Hans-Christoph Hirt, added that it was important the trustee and long-term investor voice was “clearly heard” as policymakers increasingly look to pension capital to support UK growth.

“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,” he noted.

GGIC chair, Caroline Escott, said the additions of Nest and Pi Partnership would further strengthen the campaign’s “depth and credibility”.

“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,” she added.

“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.”

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