News

Last year we told you that the Fund has agreed a target of getting to net zero by 2045. This commitment is part of our long-running efforts to significantly reduce the emissions from the companies in our investment portfolio, while also continuing to invest in green solutions.

This year, we've set out our achievements as well as our overriding goals and approach in a publication called 'How we invest responsibly'. We did this to meet a Government requirement but also to show our members and other Funds what we're doing to address climate change, invest to help society more broadly and still deliver a healthy return too.

It’s a big read, but some key highlights are:

• A tenth of all our investments are now in assets which provide climate solutions, for example we invest in net zero industrial warehouses in Wallingford, windfarms in Kenya, and in the public tram system in Nottingham
• We're breaking new ground to protect biodiversity, for example we invest in a nature-based solution in Paraguay.
• Over the last 1,3 & 5 years, the Fund has delivered returns of 12%, 11% and 9% respectively, outperforming the market each time.

You can read 'How we invest responsibly' here.