The Environment Agency Pension Fund has become the latest Adopter of the Impact Investing Principles for Pensions, which provide support to pension funds in adopting impact investing.
Marion Maloney, Head of Responsible Investment & Governance of the Environment Agency Pension Fund says:
"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."
The Environment Agency Pension Fund is the sixth pension scheme Adopter demonstrating their commitment to the Principles, other Adopters being Clwyd Pension Fund, Collegia, Smart Pension Master Trust, South Yorkshire Pensions Authority and Surrey Pension Fund.
What are the Impact Investing Principles?
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 is learnt and developed from the Impact Investing Adopters 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.
If you would like to become an Adopter or Supporter of the Impact Investing Principles for Pensions, please contact Charlotte O'Leary.