USS to tilt £5bn of assets away from heavy polluters

DB and DC assets in developed market equities will be shifted towards low-carbon pioneers

James Phillips
clock • 2 min read
USS to tilt £5bn of assets away from heavy polluters

Universities Superannuation Scheme (USS) will shift £5bn of assets under management away from polluting companies in developed markets.

The £82bn pension scheme said it was introducing a climate "tilt" for both defined benefit (DB) and defined contribution (DC) assets within its global developed market equity investments. The mo...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

More on Investment

LPFA launches interactive UK investment map for members

LPFA launches interactive UK investment map for members

LPFA's investment in the UK comprises around 13% of its portfolio

Jasmine Urquhart
clock 10 October 2024 • 2 min read
Border to Coast launches £1.2bn UK real estate fund

Border to Coast launches £1.2bn UK real estate fund

Abrdn will act as investment advisor and implement the strategy at portfolio level

Jonathan Stapleton
clock 08 October 2024 • 4 min read
TPT launches fiduciary management offering for UK schemes

TPT launches fiduciary management offering for UK schemes

Model aims to deliver value, simplicity and ability to invest at scale in private markets

Jonathan Stapleton
clock 07 October 2024 • 2 min read
Trustpilot