How should pension providers approach impact investing?

As institutional investors become more familiar with sustainability they are considering impact investing. This style of asset allocation values creating long-term positive change as highly as generating good returns. This could be described as the most purist form of sustainable investing as it goes beyond mitigating transition risk or improving corporate behaviour. But there are good strategic reasons to allocate to these strategies. Karen Shackleton, founder of Pensions for Purpose, said: "Embracing this style of investment makes pension schemes more aligned with their members' des...