TfL Pension Fund publishes net-zero update

TfL says it is ahead of where it needs to be to reach its 2030 net-zero target

Jasmine Urquhart
clock • 2 min read
TfL says it is ahead of schedule on carbon emissions for many of its portfolios
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TfL says it is ahead of schedule on carbon emissions for many of its portfolios

The Transport for London (TfL) Pension Fund has updated on its progress towards net zero, announcing it is well on track to deliver a 55% reduction in carbon emissions by 2030.

Since 2016, the fund's absolute carbon emission, which is measured in proportion to assets under management, has reduced by 35%, despite the fund having grown by 40% in size. It is expected that...

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