We’re pleased to release our first local impact report. It shows the positive social and environmental impact Avon Pension Fund has had since it started investing locally in 2024.
Read our Local Impact Report 2025 (PDF, 3.57MB)
The report has been produced by impact advisory firm The Good Economy. The report demonstrates the impact of our £180 million capital commitment. Impact includes increasing the supply of much-needed affordable housing, supporting clean energy infrastructure and funding for small and medium sized (SME) businesses. Our particular focus is on the South West.
The new report marks the first external assessment of the Fund’s local impact portfolio. The report is anchored in the widely recognised Place-Based Impact Investing (PBII) Reporting Framework.
To date over £50 million has been invested. Together with like-minded investors we have contributed to milestone achievements, including:
- Over £25 million invested in the South West
- 650 homes built, nationwide
- 65,000 homes powered by solar energy
- Over 200 South West jobs supported
Next steps
Building on the success of our initial commitment of 3% of overall assets (£180 million), we’ve now increased that to 5%, equivalent to an extra £120 million. We look forward to working with our new pooling provider to contribute to regional growth plans aimed at tackling housing costs, reducing carbon emissions, and growing the local economy.