The London Pensions Fund Authority (LPFA), an Administering Authority and £8 billion Local Government Pension Scheme (LGPS) fund with over 100,000 members, has committed to investing around £250 million, or 3%, of its £8 bn Fund value in environmental solutions assets that will support their net zero ambitions. LPPI (Local Pensions Partnership Investments), which makes day-to-day investment decisions on the LPFA’s behalf, under their Whole Scheme Management approach, will invest the assets into LPPI’s newly launched Environmental Opportunities Fund (EOF). The LPFA’s Climate Change Policy identifies climate risk as systemic,…
Read More