Our approach to investment

The Fund is valued at £5.8 billion, as of 31 March 2024. Ever wondered how we invest this money, to ensure we can pay our 130,000 members their pensions, and look after the planet at the same time? 

We set an investment strategy, which guides how we invest. It covers the kinds of things we plan to invest in, the risks we face and how we plan to overcome these to keep paying pensions into the 22nd century. 

Our 2024 strategy includes a commitment to local impact investments, an approach embodied in our recent collaborative investment in south-west solar farms. Find out more in the case study, including where we plan to invest next for local impact. 

As committed responsible investors for over 20 years, our strategy covers our approach to responsible investing. You can also read about our approach to reaching net zero by 2045. This includes cutting the carbon emissions of our investments and engaging with the companies creating the carbon emissions to bring about real world change.

Find out more in the summary version of our Investment Strategy Statement 2024 (PDF, 245.59KB)