GLASGOW – The Impact Investing Institute is delighted to announce a series of new adopters and supporters to our Impact Investing Principles for Pensions, highlighting the role that pension schemes can play in the transition to Net Zero.

Pension schemes SmartCollegia and River & Mercantile have adopted the Principles, committing to integrating impact investing into their investment strategies. Impact investments are made with an explicit intention to generate positive, measurable social and environment impact alongside a financial return. The Investor Forum has also signed up as a supporter of our Principles.

Our Principles have now been adopted by pension schemes with a total of more than £16.8bn of assets. With 1% of pension savings across the 37 OECD countries representing $320bn, there is great potential for pension schemes to drive the transition to a Net Zero economy while making a financial return.

Jamie Broderick, Director and Lead Expert of the Impact Investing Institute, commented:

“We are delighted that Smart, Collegia and River & Mercantile have adopted the Principles and that The Investor Forum will support them going forwards. During COP26, it has never been more vital to consider how big pools of capital such as pension schemes can support a Just Transition to Net Zero.”

The full list of adopters and supports now stands as follows: 

Pension Scheme Adopters: 

  • Clwyd Pension Fund
  • Collegia
  • Smart Pension Master Trust
  • South Yorkshire Pensions Authority
  • Surrey Pension Fund

Investment Consultation and Fiduciary Manager Adopters:

  • Aon
  • Barnett Waddingham
  • Gordian Advice
  • ISIO
  • Kempen Capital Management 
  • Redington
  • River and Mercantile Group
  • XPS Investment 

Supporters:

  • Institute and Faculty of Actuaries
  • Investment Consultants Sustainability Working Group
  • The Global Steering Group for Impact Investment (GSG)
  • The Investor Forum
  • World Benchmarking Alliance

Note for editors

We want to help pension schemes, their advisers and their asset managers understand impact investment and integrate it into their investment strategies. Our Pensions page contains a legal paper and short video on fiduciary duty, as well as our four Impact Investing Principles for Pensions – a short guide to impact investing and how to take action. We run an active community of pension scheme, investment consultant and industry supporters of our Principles – with details of how to sign up here. We also publish evidence on the investment case for impact investments that are suitable for pension schemes, such as social housing.