BTPS targets tricky sectors in net-zero roadmap

Interim goals released on BTPS’ path to becoming net zero by 2035

Hope William-Smith
clock • 1 min read
Nilsson: "Every route [to net zero] requires strong commitments, trade-offs and increased policy action."
Image:

Nilsson: "Every route [to net zero] requires strong commitments, trade-offs and increased policy action."

The BT Pension Scheme (BTPS) will reduce the scope 1 and 2 carbon intensity of its equity and credit and real estate portfolios as part of a five-year targets plan on its path to net zero.

The £57bn scheme plans to achieve net zero greenhouse gas emissions by 2035 across its entire portfolio, consistent with both the Net Zero Asset Owner Alliance and Institutional Investors Group on ...

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 Defined Benefit

Could the rush to buyout soon be over?

Could the rush to buyout soon be over?

While buyout is still viewed as a gold-standard, many are now considering run-on as an option

Stephanie Hawthorne
clock 22 April 2024 • 9 min read
Tender Watch: Access pool looks to appoint two private equity allocators

Tender Watch: Access pool looks to appoint two private equity allocators

LGPS pool expects total assets for the mandates could reach £6bn

Professional Pensions
clock 22 April 2024 • 1 min read
Industry welcomes proposals to grant DB schemes easier access to surpluses

Industry welcomes proposals to grant DB schemes easier access to surpluses

Providing schemes access to surpluses could be of ‘great benefit’ to sponsors and members

Martin Richmond
clock 18 April 2024 • 8 min read
Trustpilot