The Director of Pensions introduced the report to members. The purpose of the report was to provide Board members with a copy of a report on the Catalyst Fund recently taken to Pensions Committee.

Officers informed Board members that several previous investments had been completed, all of which were within the Merseyside area and had either environmental or social benefits. Officers and Members were keen to identify opportunities providing commercial returns combined with environmental and social benefits.

Resolved - That the report be noted.