1. Suffolk’s pension pot – the choice
Carbon bubble will burst
Local futures

2. Environment Agency Pension Fund (part of LGPS)
Invest 15% of the fund in low carbon, energy efficient and other climate mitigation opportunities.
From
Exposure to coal cut 90%
Oil and gas cut 50%

3. Environment Agency - Doing something positive
Actively shaping a sustainable future
A smooth transition to a low carbon economy.
Not to do so would be a breach of our legal duty to act in the best, long term interests of our members.
Dawn Turner

4. Some examples of Green pension investments
Renewables – community and otherwise -
Social housing/eco housing
Municipal power companies
Public transport

5. Community Renewables
Westmill Solar. In 2013 Lancashire pension fund invested £12million alongside hundreds of local people for an 11% yearly return
Trevor Castledine investment strategist for the Lancashire County Pension Fund
“This investment was superior in financial terms to the traditional high-carbon investments.“
“We would definitely encourage other pension funds to consider similar community energy projects in the future.”
Strathclyde pension - £10m

6. Big renewables - East Anglia One
Scottish Power looking for investors
Big benefits for employment in ports of Lowestoft and Yarmouth

7. A Municipal Power Company for Suffolk?
Nottingham and Bristol both pushing ahead
Suffolk could do the same – with help from pension fund

8. Social housing and passiv housing
Pension investments snowballing Islington - £150m Greater Manchester £20m Greater London joined scheme - £500m Norwich Passivhaus 112 homes

10. That future needs to be green.
Council pensions funds invest not only for the future of their employees but for the future of their citizens
That future needs to be green.