SCPF has the mission of investing its assets such that they, together with the return on them, are sufficient to pay all pensions due to members. SCPF believes this mission is supported by focusing its investment policy on long-term value creation, where SCPF acts as a responsible investor; an active owner of assets that takes into account both financial and ESG considerations in its investment decisions. Financial risk from climate change is an explicit investment risk in the SCPF risk framework. ESG is incorporated in investment decision making through a screening and integration approach. Furthermore, SCPF has implemented a voting & engagement policy as an integral part of its RI policy. SCPF is invested globally and its portfolio is well diversified. The resulting number of holdings and typical ownership positions are such that, for the execution of its voting & engagement policy (incl. reporting), SCPF utilises services from an external provider.