The Surrey Pension Fund manages the pensions of over 100,000 members and has a fund value of approximately £5bn.

The Fund has a long-standing commitment to transparency and responsible investing. It has produced a TCFD report since the financial year 2019/20 and continues to examine ways to improve information flow and understanding between its stakeholders.

The UN Sustainable Development Goals, SDGs, are the guiding principles for the Fund’s approach to ESG engagement. In 2020, the Fund commissioned a mapping exercise to better understand the positioning of the Fund relative to the SDGs and will further integrate this approach into our investment strategy in the years ahead.

More recently, the Fund has launched its own RI Policy, having run a consultation process with all members, employers and open to the public. The results were extremely supportive of the Fund’s approach to ESG. The Policy and consultation feedback can be found on our website.

ESG runs through our investment strategy and our latest TCFD highlighted the significant reduction in carbon exposure within the Fund over the last 3 years, driven by both asset allocation and positioning within funds. The Fund has long-standing private market investments in renewable and clean energy and in 2022 committed a further £235m to the Border to Coast Climate Opportunities Fund which seeks to have a real-world impact. 

Visit