Hackney Pension Fund
Hackney Pension Fund is currently discussing its strong financial performance and progress towards net zero emissions.
In September 2026, the Pensions Committee reviewed the Hackney Pension Fund's actuarial and funding update, which reported assets of £2.48 billion and a £0.71 billion surplus. The fund's funding level stood at 140% in June 2026, driven by a 16.72% investment return between April 2025 and June 2026.
The fund has set a target to achieve net zero emissions by 2040, as detailed in its Task Force on Climate-related Financial Disclosures report in March 2026. This report noted a 29.4% reduction in its scope 1 and 2 carbon footprint since 2023, with a 48.1% reduction reported to the Pensions Committee in July 2026.
In January 2026, the Hackney Pensions Committee formalised the admission of Buckinghamshire Pension Fund to the Local Government Investment Pool (LCIV). This decision involved approving changes to the LCIV's governance structure, Shareholder Agreement, and Articles of Association to accommodate the new member.
Key facts
- Hackney Pension Fund's assets grew to £2.48 billion, with a £0.71 billion surplus, as reported in September 2026. Source 1 Source 2
- The fund's funding level stood at 140% in June 2026, as highlighted at the Pensions Committee meeting in September 2026. Source 1 Source 2
- Hackney Pension Fund achieved an investment return of 16.72% between April 2025 and June 2026. Source
- Hackney Pension Fund set a target to achieve net zero emissions by 2040. Source
- The fund reduced its scope 1 and 2 carbon emissions by 48.1% against a 50% target by 2030, as reported in July 2026. 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.