Two pension funds quit net-zero alliances

Australian and Austrian schemes quit net-zero groups citing resource issues

clock • 2 min read
Two pension funds quit net-zero alliances

Two pension schemes are the first institutions to leave financial alliances forming part of a group aiming to meet net-zero greenhouse gas emissions led by ex-Bank of England governor Mark Carney.

According to the Financial Times, Australian pension scheme Cbus Super left the Net-Zero Asset Owner Alliance (NZAOA) in recent months due to resourcing problems, while Austria's Bundespensionskass...

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