Smart Pension partners with AXA IM on biodiversity

Smart Pension has partnered with AXA Investment Managers (AXA IM) on the AXA WF ACT Biodiversity fund.

Smart Pension chief investment officer Paul Bucksey says: “We are focused on achieving the best outcomes for our members. We want to help them secure not just long-term financial growth but also a safer, healthier world in which they can enjoy retirement.

“Smart Pension’s flagship growth strategy has invested over 70 per cent in sustainable funds for a while now, which we expect will play a key role in achieving our 2040 net zero target. We have chosen to partner with AXA IM to incorporate its biodiversity strategy as we seek to improve results further for our members.”

AXA IM global head of pensions Rachel Basarab-Horwath says: “At AXA IM, we believe Smart Pension is a perfect partner for our biodiversity strategy, as it has stood as an example to others in its approach to sustainability over recent years.

“From a corporate perspective, the company has an ethos that aligns with AXA IM’s stated aims of actively investing for the long-term to help our clients, our people and the world to prosper. The strategy focuses on four key areas we have identified to help prevent biodiversity loss: sustainable materials, land and animal preservation, water ecosystems, and recycling and recirculation.”

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