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 equivalent...
LGIM Real Assets has committed to deliver net-zero carbon across its 76 million sq. ft. UK real estate portfolio by 2050.
Hymans Robertson has pledged to be lifetime net-zero carbon by 2025, meaning it will offset all its carbon emissions dating back to its formation in 1921.
Institutional investor demand for green UK sovereign bonds will be high as pension schemes seek to manage their climate change risks and tap up green opportunities, experts say.
Aegon has embedded ESG criteria across its in-house workplace default funds through a partnership with HSBC Global Asset Management.
The Universities Superannuation Scheme (USS) trustee board has warned investment returns will be lower in the future than expected as it edges closer to concluding its 2020 valuation.