Local Authority Pension Fund Forum (LAPFF)

The Local Authority Pension Fund Forum (LAPFF) promotes the highest standards of corporate governance to protect the long-term value of local authority pension funds. For LAPFF and its members, corporate responsibility and long-term shareholder value are two sides of the same coin. Our members have investments in many of the largest global companies and we see first-hand the costs when things go wrong – company’s reputations with customers irrevocably damaged, companies fined billions for not adhering to the rules and excessive risk taking resulting in corporate bankruptcies. That is why, acting together with the majority of the UK’s local authority pension funds and pool companies, the Forum proudly leads the way on issues such as executive pay, reliable accounting and a just transition to a net zero economy. Rather than organisations engaging companies on our behalf, we do the engagement ourselves as pension fund trustees and asset owners. The engagement is not only led by us, but as a member-led Forum the focus is on what is truly important to us. Representing asset owners directly in companies and stakeholder engagement and developing and pursuing our own agenda not only makes the Forum’s approach unique, but all the more effective.