Published date: 13 June 2022

This notice was replaced on 18 January 2023

This notice does not contain the most up-to-date information about this procurement. The most recent notice is:

Awarded contract (published 18 January 2023)

Closed opportunity - This means that the contract is currently closed. The buying department may be considering suppliers that have already applied, or no suitable offers were made.


Contract summary

Industry

  • Pension fund management services - 66141000

Location of contract

E14 4PU

Value of contract

£90,000 to £180,000

Procurement reference

tender_308794/1078566

Published date

13 June 2022

Closing date

14 July 2022

Closing time

5pm

Contract start date

10 October 2022

Contract end date

9 October 2025

Contract type

Service contract

Procedure type

Open procedure (above threshold)

Any interested supplier may submit a tender in response to an opportunity notice.

This procedure can be used for procurements above the relevant contract value threshold.

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

No

Description

This tender requirement is for the provision of ESG (Environmental, Social & Governance) data, across a 3-year contract duration, to support Nest in its responsible investment activities and reporting.

Nest requires ESG data for four main purposes:

1. to assess and ensure that our funds are adhering to our responsible investment standards and highlight companies that are failing to meet those standards so Nest can better focus its engagement efforts.

2. To ensure our funds are meeting our responsible investment standards, the data must be able to highlight holdings in controversial industries and activities, as well as provide data at a portfolio and company level of performance in key ESG areas.

3. To highlight companies that fail to meet Nest's standards and with which Nest may want to engage with, data must use the most up to date information.

4. To ensure where our additional investment fund choices have specific policies in relation to values and ethics, we can monitor fund manager performance and update our policy from time-to-time

The documents for this tender are available via Nest's e-tendering portal at https://nesttenders.bravosolution.co.uk/.

Companies wishing to view these documents should register to create an account on the portal at the link above by selecting the "Click here to Register" option under the "Register or Login" heading.

Companies who are already registered on the portal should be able to see the opportunity and download the documentation in the attachments area once they have logged into their account.

About the buyer

Contact name

Nest Corporation

Address

10 South Colonnade
London
E14 4PU
England

Email

procurement@nestcorporation.org.uk

Website

https://www.nestpensions.org.uk/