Climate strategy

The objective of the Church Pension Fund is to consistently reduce the carbon footprint of its investment activities over time. The Church Pension Fund aims for a carbon-neutral investment portfolio by 2035, provided that the investment environment allows it. 

The Board of Directors of the Church Pension Fund approved the new climate strategy for the Pension Fund on 17 June 2021. The climate strategy defines the climate objectives of the investment portfolio for the Church Pension Fund and the measures to achieve these objectives. The climate strategy is updated regularly, and the targets are reassessed in accordance with recent research data and possible changes in the investment environment. A working group on responsible investment for the Church Pension Fund participated in the preparation of the strategy.

The Church Pension Fund road map to carbon neutrality:

First climate strategy in 2016, in 2021 a new climate strategy and joining IIGCC initiative, in 2035 the Church Pension Fund's portfolio is carbon neutral.