Aegon assets in ESG strategies pass £10bn

Passing the £10bn mark strengthens Aegon’s commitment for its defaults to be net zero by 2050

Holly Roach
clock • 1 min read
Aegon plans to achieve a 50% reduction in emissions by 2030 and be net zero by 2050
Image:

Aegon plans to achieve a 50% reduction in emissions by 2030 and be net zero by 2050

Aegon’s workplace default fund assets that have transitioned to ESG strategies have passed £10bn, as it heads toward is 2050 net-zero target.

The firm announced its plan to bring carbon emissions in its default funds to net zero back in January and it also plans to achieve a 50% reduction in emissions by 2030. Aegon's Target Plan Life Path...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions member?

Login

More on Legislation

100 years in the making: A history of pensions tax relief

100 years in the making: A history of pensions tax relief

Policy has evolved substantially since the Finance Act 1921, says Jane Marshall

Jane Marshall
clock 11 October 2021 • 6 min read
Can pension freedoms policy learn from Gwyneth Paltrow?

Can pension freedoms policy learn from Gwyneth Paltrow?

Sir Steve Webb says savers need to ‘de-couple’ taking tax-free cash from a decision about the rest of their pension pot

Sir Steve Webb
clock 08 July 2021 • 3 min read
AE success needs net-pay resolution

AE success needs net-pay resolution

Baroness Ros Altmann argues that net-pay schemes do not offer value for money for lower paid workers

Baroness Ros Altmann
clock 10 June 2021 • 3 min read
Trustpilot