LAPFF, the Local Authority Pension Fund Forum, is dedicated to protecting the £350bn of local authority pensions by promoting the highest standards of corporate governance and corporate responsibility. As responsible investors, LAPFF and its members recognize the importance of corporate responsibility and long-term shareholder value. They understand the consequences when things go wrong, such as reputational damage and financial losses.

That's why LAPFF, together with other local authority pension funds, leads the way on issues like executive pay, reliable accounting, and transitioning to a net-zero economy. Unlike other organizations, LAPFF takes a unique approach to engagement and actively participates in conversations with companies as pension fund trustees and asset owners. Through constructive but robust dialogue, they aim to improve the policies and practices of companies.

If progress is slow, LAPFF escalates the engagements and provides voting recommendations for company AGM proposals to directly effect change. LAPFF also collaborates with other asset owners and managers to amplify their voice and accelerate change. By engaging with company stakeholders and staying ahead of emerging trends, LAPFF is able to understand and address the challenges facing companies.

Their reports on issues like climate change and shortcomings in the accounting system not only inform their engagement program but also contribute to the public policy debate. Through their direct representation in companies, stakeholder engagement, and pursuit of their own agenda, LAPFF's unique approach proves all the more effective. Their mission is to safeguard the value of pension funds, which will support millions of people in retirement.

LAPFF is proud to be at the forefront of promoting responsible investment practices