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 move is...

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