Hackney Council's pension fund to halve fossil fuel exposure by 2023

Stephanie Baxter
clock • 2 min read

Hackney Council's pensions committee has announced it wants to cut fossil fuel investments after approving plans to reduce the scheme's exposure to carbon dioxide emissions.

The scheme's fossil fuel investments will be reduced by 50% over the next six years, measured by future CO2 levels, but the aim is to completely ditch them over the longer term. The ambitious mo...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Investment

Partner Podcast: Broadening scope, tightening focus

Partner Podcast: Broadening scope, tightening focus

Arpita Bhabhera, Senior Investment Analyst, AllianceBernstein
clock 15 September 2025 • 1 min read
LGPS pools back report on mobilising local investment in the UK

LGPS pools back report on mobilising local investment in the UK

Report comes after government’s Pensions Review set out series of LGPS reforms

Holly Roach
clock 09 September 2025 • 3 min read
GSAM appointed by Shell to run £29bn global OCIO pension scheme brief

GSAM appointed by Shell to run £29bn global OCIO pension scheme brief

Deal includes around £11.5bn of UK scheme assets

Jonathan Stapleton
clock 09 September 2025 • 2 min read
Trustpilot