The Environment Agency Pension Fund sets a benchmark for the industry with a pioneering natural capital strategy that is both ambitious and rigorously grounded in science and governance. The fund succeeds in translating the concept of natural capital into tangible, high-impact projects that deliver biodiversity gains alongside strong financial returns for members. Its commitment is evident through a dedicated 4% allocation, the designation of natural capital as a distinct asset class, and a bold pledge to be net nature positive and deforestation free. The dual focus—local investment in the UK and global engagement in regions such as Latin America—demonstrates both breadth and depth, addressing biodiversity and climate change where the challenges are most acute. Transparent reporting, industry influence, and engagement with communities, including data collection on job creation, further strengthen the entry. This is a sophisticated yet practical strategy, setting the standard for others by proving natural capital can be integrated meaningfully and successfully into institutional portfolios.