Investment, Stewardship and Climate change related documents

The trustee is required by law to prepare a number of documents detailing its principles, beliefs and policies in relation to the investment of the BP Pension Fund’s assets. These documents are listed below and can be accessed via the links. 

The Statement of Investment Principles (SIP) sets out how the Fund’s assets are to be invested and the principles which govern the trustee’s strategic investment decisions. The Annual Implementation Statement sets out how the policies described in the SIP have been implemented over the relevant reporting period.

Responsible Investment

The Responsible Investment (RI) policy sets out the trustee's RI beliefs and how RI is implemented across the Fund's asset classes, and through engagement, manager selection and monitoring, and reporting.

Climate change

We support the goals of the Paris Agreement and the world’s efforts to achieve global net zero greenhouse gas (GHG) emissions and limit the rise in global temperatures to 1.5 degrees Celsius above pre-industrial levels. You can read more about this in the BP Pension Fund Net Zero Ambition Statement. The annual Climate Change Report sets out how the trustee identifies, assesses and manages climate-related risks and opportunities.