Annual Report

Overview

The report describes a 3.8% increase in fund value during 2024/25 and membership of 27,431. It highlights the transfer of £237.5m of global equities into low-carbon global equities and the Fund's signatory status under the UK Stewardship Code. The responsible-investment section reports a reviewed Net Zero Roadmap reaffirming a carbon-neutral aim for 2040, alongside carbon-footprint monitoring and ESG-focused manager engagement.

Document

Report type: Annual Report with Sustainability Disclosures
Class: Embedded
Scope: Full report
Fiscal year: 2024-2025
Period: Ends 31 March 2025
Language: English
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Standards

GRI
SASB
TCFD
ISSB
ESRS
Integrated Reporting Framework
GHG Protocol
EU Taxonomy
CDP

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