Local Authorities Pension Trust
Kenya
Africa

Alternative investment options for social security institutions: Green energy / Investment in solar photo-voltaic systems to boost sustainable energy consumption and management

Implementation year
2019

The ISSA Guidelines on Investment of Social Security Funds is anchored on a robust investment philosophy that is centred on high investment returns to the scheme and consequently to the members. In addition to this, social security institutions have a social responsibility to its membership and the environment to promote environmentally conscious investment.

The Local Authorities Pension Trust (LAPT) remains committed to its employees, the environment, and the communities in which it operates. Moreover, energy management plays a key role in support of LAPT’s plan to maximise on benefits paid to members, strengthen its competitive position, and provide customers with the highest quality products and energy efficient solutions.

As a leader in Kenya’s social security space, LAPT embraces fully the responsibility of being a leading catalyst of the transformations ahead. To this end, it has adopted a pre-cautionary approach to deal with envisioned environmental challenges by devoting capacities, resources and expertise in the installation of an ultra-modern, real-time solar photo-voltaic (PV) system in its main office, headquartered in Nairobi as stipulated and guided by the company’s energy policy.

Topic:
Investment