Scottish Widows Master Trust has expanded its fund range with the launch of five ESG funds, offering greater choice for members looking to invest their pension more sustainably.
Four in five (81%) industry professionals believe defined benefit (DB) schemes should choose their own framework and pathway to net-zero rather than following set prescriptions.
Professional Pensions is holding a webinar on investing for the transition to net-zero on Thursday (11 February) at 11am.
Tony Burdon and Nick Robins set out how to make the green pledges go further.
Smart Pension has committed to net-zero emissions “well ahead of 2050”, and plans to halve its emissions “significantly earlier” than the Paris Climate Agreement deadline of 2030.
Hymans Robertson has pledged to be lifetime net-zero carbon by 2025, meaning it will offset all its carbon emissions dating back to its formation in 1921.
Fintech workplace savings business Cushon has launched a net-zero pension available now to savers who want to “actively contribute towards slowing climate change”.
The carbon emissions in Aegon UK’s default pension funds will be slashed in half by 2030 under a longer-term plan to reach a net-zero position by the middle of the century.
Oil and gas majors are still rewarding executives for fossil fuel growth despite them committing to have net-zero carbon emissions by 2050, as experts urge institutional investors to take action.