Wiltshire Pension Fund has become the latest Adopter of the Impact Investing Principles for Pensions, which provide support to pension funds in adopting impact investing.
Jennifer Devine, Head of Wiltshire Pension Fund says:
"Wiltshire Pension Fund Committee believe that investing with a positive social and environmental impact is an increasingly important issue for investors and can be achieved alongside competitive market returns. Investing with impact can also help incorporate risk and return drivers which would otherwise not be considered. The Fund wishes to invest in a way that minimises negative impacts on society and the environment and, where possible, makes a positive contribution."
Wiltshire Pension Fund is the ninth pension scheme Adopter demonstrating their commitment to the Principles, other Adopters being The Aon MasterTrust, Clwyd Pension Fund, Collegia, Environment Agency Pension Fund, London CIV, 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