Members don't understand providers' net-zero goals

But the targets are supported when explained, with many considering divestment around climate change

James Phillips
clock • 2 min read
Members are unclear on what the aims of net-zero goals are
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Members are unclear on what the aims of net-zero goals are

Nearly nine in ten (87%) defined contribution (DC) members do not appreciate the importance of net-zero targets, largely due to a lack of understanding, according to Legal & General Investment Management (LGIM).

The provider found that despite constant feedback that members wanted to invest in more climate-aware strategies, the term "net zero" was failing to hit home, with 25% never having heard of the phrase,...

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