Dyfed cuts equity carbon footprint by 16%
The £2.7bn Dyfed Pension Fund will move 15% of its assets into low-carbon equity portfolios in a move to reduce its carbon footprint by screening out fossil fuel and thermal coal exposure.
In a unanimous vote, the Welsh Local Government Pension Scheme (LGPS) fund agreed to allocate 10% of assets to the BlackRock "reduced fossil fuels" passive global equity strategy, and 5% to the Wales Pension...
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