The Fund operates a long-term, sustainable investment strategy. The Fund’s investment beliefs are based on a well-structured asset and fund manager allocation to target long-term, responsible, investment performance.
The Fund has four key investment related documents:
- The Investment Strategy Statement (ISS)
- Funding Strategy Statement (FSS)
- Net zero Strategy
- Responsible Investment Policy (RI Policy)
The Fund’s ISS sets out the investment strategy of the Fund, provides transparency in relation to how the Fund’s investments are managed, and outlines the Fund’s approach to managing risks, including climate-related and material ESG risks.
The FSS sets out the approach to setting contribution rates and recovering deficits or distributing surpluses to be able to pay benefits to the members.
The ISS is complemented by the Fund’s standalone strategy to achieving its net zero target (Net zero Strategy’), which includes transitioning the Fund’s legacy investments in a structured and affordable manner to reduced/low/zero carbon products and investing in asset classes such as sustainable infrastructure.
All investment related documents can be found here.