The Environment Agency Pension Fund (EAPF) has become the first scheme to commit its investments to the international target to limit global warming to two degrees.
The £2.9bn fund aims by 2020 to cut coal exposure in its equity portfolio by 90% and reduce oil and gas exposure by 50%, according to its climate change policy published yesterday. It also commits to...
The winners of the Professional Pensions Investment Awards 2020 have been announced.
Legal and General Retirement (LGR) has committed to cutting the carbon emission intensity of its annuity book by half by 2030, while the overall group targets a net-zero portfolio by 2050.
More than £1.75bn has been wiped from the pension funds of councils across the UK after three years of crashing oil investments, research shows.
Phoenix Group has committed to its operations being net-zero by 2025, and its investment portfolio being net-zero by 2050.