The purpose of PIC is to pay the pensions of our current and future policyholders. This focus delivers value for our stakeholders. Pensions for our growing policyholder base are backed by a purposeful investment strategy. This strategy prioritises the management of key risks, including Environmental, Social and Governance (‘ESG’) risks, as integral to paying the pensions of our policyholders over the coming decades. Investments with a lasting impact on current and future generations in areas including renewable energy, social housing and national infrastructure are socially beneficial outcomes of our focus on our purpose. Excellence in customer service and balanced stakeholder relationships are fundamental to our approach.