This case study follows South Yorkshire Pensions Authority's (SYPA) progress in applying the four steps of the Impact Investing Principles for Pensions framework to achieve a positive impact through their investments.

Step 1: Set impactful objectives
SYPA sharpened its focus on place-based investing as a core element of its impact strategy, aiming to align with the government’s Levelling-up agenda. 

Step 2: Appoint investment consultants and managers with impact integrity
SYPA consulted with advisers to reflect on their net-zero goal within the overall strategic asset allocation, and worked with The Good Economy on the pilot of their place-based impact reporting framework.

Step 3: Use their voice to make change
The entire SYPA team remains up to date, and engaged in collaborative efforts, like working closely with partners like Border to Coast and the Local Authority Pension Fund Forum to stay aligned with their impact objectives and stewardship responsibilities. 

Step 4: Manage and review your impact
SYPA continuously manage and review the impact of their investments, tracking portfolio emissions and conducting scenario analysis to ensure their strategies' long-term impact objectives are on track.

This case study was developed in conversation with George Graham, Director of South Yorkshire Pensions Authority.

Find out more:

• Impact Investing page
• Watch the recording of A refresher of the Impact Investing Principles for Pensions event

Learn more here