Impact Investing Adopters Forum

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The Impact Investing Adopters Forum
is a member forum of pension funds, investment consultants and fiduciary managers at the forefront of sustainable finance. Adopters have committed to the Impact Investing Institute’s Impact Investing Principles – and advancing the impact investing agenda. The Forum is run by Pensions for Purpose in partnership with the Impact Investing Institute to advance the Principles, share best practice and encourage more pension funds to invest with a positive social and environmental impact.

Members of the forum benefit from the following:

  • A unique peer network where members can share experiences in pursuing impact investing
  • Being at the forefront of a growing area of investment opportunities
  • A quarterly newsletter
  • Invitations to quarterly events
  • Case study and research material
  • Entry into the Impact Investing Adopters Award which will be presented at Pensions for Purpose's Annual Awards event  

To join the Forum please investigate our membership options here.

You can also see all our forthcoming events here

What are the Impact Investing Principles?

Many pensions schemes want to reduce negative impacts and risks like carbon emissions, biodiversity loss, poor governance and inequality that arise from and impact their portfolio. Going one step further, more and more pension funds are interested in investment opportunities that have a positive impact on the environment and society but which also secure a competitive financial return.

The Principles provide an accessible introduction to impact investing and the concrete steps pension schemes can take to pursue an impact investing strategy, as well as helpful further resources. They were designed, in consultation with leading practitioners and with input from key stakeholders (pension funds, investment consultants and managers as well as member associations), to address the growing need for best practice guidelines on how to set, implement, review and measure an impact strategy. The Principles represent a dynamic template given that impact investing is an evolving area, and they will be updated based on what we learn and develop from the Forum as well as other initiatives and partnerships.

Detailed information on the Principles and the work of the Impact Investing Institute can be found here:
Pensions with impact - Impact Investing Institute

In summary, the Impact Investing Principles are:

Impact Investing Institute


What commitments do Adopters have to make?

Pension funds and investment consultants / fiduciary managers who become adopters are required to sign up to a set of commitment statements in relation to the Principles. They must demonstrate action in at least one area within six months of adopting the Principles and recommit on an annual basis.

Adopter’s statement for investment consultants and fiduciary managers

Adopter’s statement for pension funds


Become a Supporter

You can become a Supporter if you are an industry body or an organisation that works with pensions and would like to support our Principles.

Supporter's statement


Case studies

You can read case studies for some of our existing pension fund adopters here.

Pension Scheme Adopters

Clwyd Pension Fund

Clwyd Pension Fund

"I wanted to give my backing to the Impact Investing Principles for Pensions as a practical framework to encourage other funds to consider impact investing. This is not just about measuring impact or sustainability - this is sensible investing". Debbie Fielder, Deputy Investment Director

Collegia

Collegia

We support the Impact Investing Principles for Pensions and commit to:

  1. seek investment advice on an impact investing approach for our pension fund;
  2. review environmental, social and governance impacts across our investment portfolio; and
  3. consider available impact investment strategies.

We will be able to demonstrate action in one or several of these areas within six months of adopting the Principles and will recommit on an annual basis with evidence for how the Principles have been used.

Environment Agency Pension Fund

Environment Agency Pension Fund

Investing for impact not only delivers for the environment and society, but it delivers financial returns too. That has certainly been our experience since we set up our private market impact fund in 2014. We are really pleased to support The Impact Investing Principles for Pensions and share best practice across the industry.

London CIV

London CIV
Over the past year, we’ve made great leaps towards our responsible investment milestones. Most notably we committed to net-zero greenhouse gas emissions by 2040, becoming the first Local Authority pension pool to do so. In line with this objective, we launched multiple products with an explicit environmental impact objective – to help drive down carbon emissions reductions in the real economy – alongside a financial return. By aligning with the Impact Investing Principles for Pensions, we can further demonstrate how we are taking action and deploying capital towards strategies that present dual or triple-bottom-line benefits. Joining the Impact Investing Adopters Forum also provides a unique opportunity to share best practice with peers. Ultimately this will help to ensure we deliver on our Client Funds investment and sustainability objectives.

Smart Pension Master Trust

Smart Pension Master Trust
"We're excited to be on our impact investing journey. We have backed the Impact Investing Principles for Pensions as it gives us a really tangible framework to help us get to where we want to be, including generating competitive returns to improve member outcomes. Through practical guidance and support, it will help us be part of the solution to the global systemic issues we currently face."

South Yorkshire Pensions Authority

South Yorkshire Pensions Authority

"Organisations with credibility are behind the Impact Investing Principles for Pensions . By supporting this we are acting in concert and creating collective action to address social and environmental impact risks and opportunities alongside a financial return." George Graham, Director

Surrey Pension Fund

Surrey Pension Fund

"The Impact Investing Principles for Pensions are pitched at the right level as they are achievable. They provided us with the support to look at how we wanted to contribute to a sustainable transformation. We would like to see the Principles evolve and continue to push the industry". Neil Mason, Strategic Finance Manager

Investment Consultant and Fiduciary Manager Adopters

Aon

Barnett Waddingham

bfinance

bfinance
There is a shift in the way investors are approaching responsible investing. ESG integration is fast becoming a norm; investors are increasingly wanting to go beyond and invest with impact. Asset owners wanting to allocate to impact funds face some distinct challenges, from education on “what impact they can have” to weeding out the impact washing that is still highly prevalent. At bfinance, we have been working closely with a range of institutional clients on addressing these challenges, including navigating their entry to the rapidly evolving product universes and expect investor demand to continue to grow in the coming years. The Impact Investing Principles, which we endorse, brings practicality to helping pensions schemes allocate their capital with people, planet and profit in mind.

Cardano

Cardano

We support the Impact Investing Principles for Pensions and commit to:

  1. seek investment advice on an impact investing approach for our pension fund;
  2. review environmental, social and governance impacts across our investment portfolio; and
  3. consider available impact investment strategies.

We will be able to demonstrate action in one or several of these areas within six months of adopting the Principles and will recommit on an annual basis with evidence for how the Principles have been used.

Gordian Advice

ISIO

Kempen Capital Management

Kempen Capital Management

Kempen was pleased to become an adopter of the Impact Investing Principles and to further develop our relationship with Pensions for Purpose. Not only are the Principles themselves important, they are common sense, good practice, and express how we at Kempen already think about impact specifically and investment more broadly: that it is worth doing, does not limit our capabilities or opportunities for our clients, and aligns our clients, managers and portfolios in an easily understood - and non-technical - way. It also builds naturally on the co-creation of our Global Impact Pool with our Dutch clients in 2018, and why we were pleased to include this as a case study with the Institute.

Redington

Schroders Solutions

Schroders Solutions
As a fiduciary manager, the way we direct capital not only shapes the financial returns we can deliver for our pension scheme clients and their members but also the impact we have on the world. The way we invest is changing, driven by a fundamental shift in how companies are being viewed and valued. Where once we considered only risk and return, we now assess a third dimension – impact. We believe that considering these three pillars together can help us assess an asset’s real value and make better investment decisions for our clients. This is why we fully endorse the Impact Investing Principles for Pensions.

XPS Investment

XPS Investment

Responsible investing is core to our advice to clients as we believe it forms the basis of good investment decision making. Going further however, pension scheme trustees are increasingly looking to pursue positive impact whilst generating financial returns. Investing with the intention to contribute towards alleviating global social and environmental challenges is key to a future that members can retire into and we are keen to support pension schemes on this journey. We endorse and welcome the Impact Investing Principles for Pensions which set out a much-needed framework with practical steps in the evolving area of impact investing.

Supporters

Organisations that want to demonstrate endorsement of the Principles and which will actively promote the Principles among their members/network

Institute and Faculty of Actuaries

Institute and Faculty of Actuaries
"The Institute and Faculty of Actuaries supports the work and efforts of the Impact Investing Institute and the development of impact investing. We support the development of the Impact Investing Four Good Governance Principles for Pension Schemes and the market infrastructure around them, particularly the enhancement of the metrics and frameworks for impact measurement, management and reporting. We encourage actuaries to consider the impacts of their investments along with the opportunities that positive impact investments provide.”

Investment Consultants Sustainability Working Group

Investment Consultants Sustainability Working Group
Andrew Lilley, Head of Responsible Investment Research at Isio and part of the ICSWG’s impact investing team, said: “Institutional interest in impact investing has increased dramatically, especially over recent years. However, we see a great diversity of approach in implementing impact frameworks as well as inconsistencies in impact reporting. The ICSWG supports initiatives such as the Impact Investing Principles for Pensions that aim to bring best practice guidelines and standardisation to impact investing.”

Maturity Institute OMINDEX®

Maturity Institute OMINDEX®
The Impact Investing Principles for Pensions provide a crucial foundation for re-defining investment and corporate success. Where financial return, environmental outcomes, and human value can be fully integrated within a mutually inclusive, stakeholder value system. The Principles are completely aligned with our own aims and objectives and we are excited that OMINDEX® can play its part to support them; to help demonstrate how true, total stakeholder value should be at the heart of organisational health. We hope our contribution will help to re-shape a financial services sector that authentically embeds Impact as a core, common purpose.

The Global Steering Group for Impact Investment (GSG)

The Global Steering Group for Impact Investment (GSG)

We support the Impact Investing Principles for Pensions and the market infrastructure around them, particularly by disseminating the principles internationally. We will work to encourage all our stakeholders, through the National Advisory Boards, to consider the impacts of their investments along with the opportunities that positive impact investments provide.

The Investor Forum

The Investor Forum
  • We support the Impact Investing Principles for Pensions and will use our voice to promote and amplify the importance of the principles to our Members.
  • We will encourage our Members to participate in, and report on, projects and engagement activity that can deliver impact.
  • We will demonstrate the impact of what we do each year in The Investor Forum Annual Review.

World Benchmarking Alliance

World Benchmarking Alliance

We support the Impact Investing Principles for Pensions and the market infrastructure around them, particularly those in scope of our proposed financial system benchmark, including pension funds and asset managers. We will work to encourage these institutions to consider the impacts of their investments along with the opportunities that positive impact investments provide.

Events
People and Events
3 November 2022 – Pensions for Purpose Annual Stakeholder & Awards Event…

Join us at our must-attend, in-person, flagship event on innovative solutions to help pension funds invest for impact and net zero.


People and Events
3 November 2022 – Pensions for Purpose Annual Stakeholder & Awards Event…

Content Awards.


People and Events
18 October 2022, 12:00 BST – Investing with impact in an energy crisis…

Join EQ Investors on Tuesday 18 October at midday for the launch of their sixth annual EQ Positive Impact report.


People and Events
17 October 2022 – 14:30-15:30 BST - Joint Impact Investing Adopters Forum…

Investment implications of the net zero challenge.


People and Events
13 October 2022 – 10:00-11:30 BST – Impact Investing Adopters Forum all-stakeholder…

The impact investment evidence session: how are your investment consultants and fiduciary managers faring on embedding impact investment?


People and Events
4 October 2022 – 14:30-15:30 BST – Impact Investing Adopters Forum online…

Impact Measurement and Management (IMM) – an evolving landscape.


Latest
Press
London CIV becomes the latest Adopter of the Impact Investing Principles…

Demonstrating their endorsement of the principles and commitment to impact investing.


Thought Leadership
Transition to a net-zero carbon economy – Natixis Investment Managers (Ostrum…

How insurers contribute to green finance via sustainable bonds.


Press
Schroders Solutions – Adopter of the Impact Investing Principles for Pensions…

Demonstrating their endorsement of the principles and commitment to impact investing.


Thought Leadership
The time is now – investing in solutions to critical social and environmental…

WHEB's eighth Annual Impact Report.


Press
The Environment Agency Pension Fund has become the latest Adopter of the…

Demonstrating their endorsement of the principles and commitment to impact investing.


Thought Leadership
Delivering impact in real estate: European social infrastructure – Franklin…

The need for investments in European social infrastructure persists.