Nest commits to net-zero default pension strategy by 2050

James Phillips
clock • 5 min read
Soobiah: Where companies aren’t even making the basic level of commitments we are expecting, we will consider divesting
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Soobiah: Where companies aren’t even making the basic level of commitments we are expecting, we will consider divesting

Nest has set out plans to move to its default pension strategy towards a net-zero investment portfolio by 2050, with at least £5.5bn of equities pledged to climate aware strategies.

As part of a fresh portfolio-wide climate change policy, the £12bn master trust said 45% of its entire portfolio would soon be moved into investments with a lower carbon footprint to complete the e...

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