Responsible Investing Annual Report

The report describes the Fund's new equity-portfolio targets to reduce absolute emissions by 43% by 2025 and 69% by 2030 against 2020 levels. It highlights investment in renewable infrastructure and sustainable, low-carbon strategies, including a new Paris-aligned passive equity benchmark. The report also establishes a first absolute-emissions baseline of 85,775 tCO2e for Scope 1 and 2 emissions from listed equity portfolios.