London CIV has become the latest Adopter of the Impact Investing Principles for Pensions, which provide support to pension funds in adopting impact investing. 

Gustave Loriot, Responsible Investment Manager of London CIV says:

"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." 

London CIV is the seventh pension scheme Adopter demonstrating their commitment to the Principles, other Adopters being Clwyd Pension Fund, Collegia, Environment Agency Pension Fund, 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.

Further information

If you would like to become an Adopter or Supporter of the Impact Investing Principles for Pensions, please contact Charlotte O'Leary. 

Learn more here