Pension funds can enhance society in a way that doesn’t have to interfere with their fiduciary integrity and financial sustainability, according to a new report from the International Centre for Pension Management.

After working on a social infrastructure paper and a roundtable discussion, what at first seemed as a one-and-done presentation became an international working group at the ICPM, according to Gareth Gibbins, a pension and policy expert who co-authored the report and is a member of the working group.

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Social infrastructure, the report noted, includes physical spaces like schools and hospitals and intangible systems like trust and community networks. “Pension funds are already doing this and they may........

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