Climate scenario analysis
Hackney Pension Fund's recent report, related to climate scenario analysis, details progress towards its 2040 net zero target.
Hackney Pension Fund has set a target to achieve net zero emissions by 2040, as detailed in its Task Force on Climate-related Financial Disclosures (TCFD) report as of March 2026. The report noted a 29.4% reduction in the fund's scope 1 and 2 carbon footprint since March 2023, decreasing from 54.4 Emissions/£m to 38.4 Emissions/£m. This progress aligns with interim targets, including a 50% reduction by 2030.
This work by Hackney Pension Fund relates to climate scenario analysis, a method used to assess the potential impact of different future climate conditions on investments. The fund aims for a 2°C portfolio by 2030 and a 1.5°C goal for 2040, reflecting its commitment to tackling climate change within its investment portfolio.
Key facts
- Hackney Pension Fund set a target to achieve net zero emissions by 2040. Source
- The fund's TCFD report as of March 2026 noted a 29.4% reduction in its scope 1 and 2 carbon footprint since March 2023. Source
- The carbon footprint decreased from 54.4 Emissions/£m in March 2023 to 38.4 Emissions/£m in March 2026. Source
- Interim targets include a 50% reduction in carbon footprint by 2030. Source
- The fund aims for a 2°C portfolio by 2030 and a 1.5°C goal for 2040. Source
About this summary
This summary was written automatically from our published stories and the council meeting records they draw on. It describes what councils have discussed and decided; it does not take a view on any decision. Each key fact links to the story it comes from. Updated 30 September 2026. Spotted a mistake? Email community@opencouncil.network.