Blogs
Cushon wins Social Impact Award and DC Innovation of the Year Award
Published on 24th November 2021
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2 min read
Cushon's Net Zero Now Pension (with carbon offsets) has reached capacity. Our default fund, with reduced carbon, remains.
Having launched the world's first Net Zero pension less than 12 months ago, it's great to be recognised by the industry and peers for our dedication to impact investing and innovation.
Cushon are delighted to have recently been awarded "Social Impact Award 2021” for our investment strategy by Pensions for Purpose and "DC Investment Innovation of the Year" by Professional Pensions in the 2021 Investment Awards.
Pensions for Purpose is a leading collaborative initiative whose aim is to raise awareness of impact investment amongst the pensions’ community, and to celebrate its one-year anniversary it initiated the awards aimed at celebrating its influencer members for best-in-class content.
Having only recently announced the update to Cushon's default investment strategy, including the largest allocation to private markets in UK master trust sector, we are thrilled to have been recognised and commended by Pensions for Purpose.
The winner of this award has demonstrated the most complete integration of social impact with both a stated social impact objective included within their broader sustainable investment strategy and a clear structure to their asset allocation, which includes private markets where we believe the most social impact can be achieved. We look forward to seeing how this translates into investment on the ground and measurement of outcomes but the starting point really is thought leading.
Charlotte O'Leary, CEO of Pensions for Purpose
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