Law or policy

net zero emissions by 2040

1 story · 1 council

Hackney Pension Fund is working towards its net zero emissions target by 2040, reporting significant carbon footprint reductions.

Hackney Pension Fund has set a target to achieve net zero emissions by 2040. Its latest Task Force on Climate-related Financial Disclosures (TCFD) report, as of March 2026, revealed a 29.4% reduction in its scope 1 and 2 carbon footprint since 2023. The carbon footprint decreased from 54.4 Emissions/£m in March 2023 to 38.4 Emissions/£m in March 2026.

This progress aligns with interim targets, including a 50% reduction in carbon footprint by 2030 and aiming for a 2°C portfolio by 2030. The fund also has a 1.5°C goal for 2040, demonstrating its commitment to tackling climate change within its investment portfolio.

Key facts

  1. Hackney Pension Fund's carbon footprint reduced by 29.4% since 2023, as of March 2026. Source
  2. The fund's carbon footprint was 38.4 Emissions/£m in March 2026. Source
  3. Hackney Pension Fund aims to achieve net zero emissions by 2040. Source
  4. An interim target is a 50% carbon footprint reduction by 2030. Source
  5. The carbon footprint was 54.4 Emissions/£m in March 2023. 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.

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