Bfinance commits to Impact Investing Principles for Pensions

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Bfinance has become an official adopter of the Impact Investing Principles for Pensions from the Impact Investing Institute, it has announced.

As part of its commitment, the firm has pledged to support pension scheme clients in setting impactful objectives and implementing investment strategies in relation to those objectives and evaluating investment managers’ impact capabilities.

The company also agreed to routinely include impact investing as a key topic for consideration for clients, support pension clients in reviewing environmental, social and governance (ESG) impacts with their investment portfolio and support pension fund clients to set impactful objectives and interim targets.

The endorsement of the Impact Investment Principles is also part of bfinance’s “dedicated efforts to assist clients in their journey to net zero”.

Bfinance director of ESG and responsible investment, Sarita Gosrani, commented: “ESG integration is fast becoming a norm, and investors are increasingly wanting to invest with impact.

“Navigating entry to the rapidly evolving impact product universes across a diverse range of asset classes is not always straight-forward, and asset owners wanting to allocate to impact funds face some distinct challenges, from education on what impact they can have to weeding out the impact washing that is still highly prevalent.

“At Bfinance we are committed to supporting clients in this extremely important space and expect investor demand to continue to grow in the coming years.”

Support for the Impact Investing Principles for Pensions has been on the rise since launching in 2020, receiving backing from the Investment Consultants Sustainability Working Group.

Bfinance’s commitment to the Impact Investing Principles also comes after the recent launch of the Net Zero Investment Consultants Initiative (NZICI) which details nine specific action points with the goal of global net zero greenhouse gas emissions by 2050.

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