Scottish Widows' non-ESG firm divestment reaches £3bn

£1.5bn commitment builds on almost £1.4bn worth of previous exclusions

Martin Richmond
clock • 2 min read
Scottish Widows head of pension investments and responsible investments Maria Nazarova-Doyle
Image:

Scottish Widows head of pension investments and responsible investments Maria Nazarova-Doyle

Scottish Widows has announced a further £1.5bn contribution towards its divestment policy as it strengthens its commitment to its environmental goals.

The additional £1.5bn announced today (28 March) is on top of previous divestment commitments, which total around £1.4bn. The new divestment policy includes a major commitment to divest from tob...

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

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Investment

Partner Insight: Paris Agreement - A reflection on net zero 10 years on

Partner Insight: Paris Agreement - A reflection on net zero 10 years on

As COP30 is under way, we are reflecting on the progress the world is making towards net zero, a decade since the Paris Agreement was adopted.

Carlota Garcia-Manas, Head of Climate Transition and ESG Engagement @ Royal London Asset Management
clock 05 December 2025 • 3 min read
People's Pension appoints Robeco to run £3.6bn emerging markets brief

People's Pension appoints Robeco to run £3.6bn emerging markets brief

Move comes in a shift from a passive to an active approach in bid to deliver higher returns

Jasmine Urquhart
clock 02 December 2025 • 2 min read
Interest in run-off and run-on rises

Interest in run-off and run-on rises

UK schemes shift from recovery to readiness as stronger funding brings endgame into focus

Jonathan Stapleton
clock 02 December 2025 • 4 min read
Trustpilot