Avon brings forward net-zero target to 2045

Bristol and Bath LGPS fund brings forward climate target by five years following £2bn climate investment

Jasmine Urquhart
clock • 2 min read
Avon Pension Fund's Paul Crossley and Nick Dixon
Image:

Avon Pension Fund's Paul Crossley and Nick Dixon

The Avon Pension Fund has brought its net-zero target forward to 2045, following increased investment in climate-aligned equities.

The £5.4bn Local Government Pension Scheme (LGPS) fund serving Bath, Bristol and the surrounding areas, brought forward its target by five years following continued investment in climate solutions ...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

Jasmine Urquhart
Author spotlight

Jasmine Urquhart

Senior Correspondent at Professional Pensions

More on Transition Management

80% of LPFA fund managed for climate risk

80% of LPFA fund managed for climate risk

Progress report says climate risk now covers real estate, corporate FI and infrastructure

Jasmine Urquhart
clock 24 September 2025 • 2 min read
LCP urges schemes to up their net zero scrutiny

LCP urges schemes to up their net zero scrutiny

Managers should set net zero, interim targets, be vocal and understand climate transition

Jasmine Urquhart
clock 02 September 2025 • 1 min read
Most schemes have adopted net-zero  targets, XPS finds

Most schemes have adopted net-zero targets, XPS finds

XPS says most have made asset allocation changes in the last year

Jasmine Urquhart
clock 28 March 2025 • 1 min read
Trustpilot