Net zero

The UK will become the first G20 country to enshrine mandatory disclosures in law

London CIV is the first local authority pension pool to set a 2040 net-zero target

Philip Rose says just two changes could make a big difference to scheme’s carbon footprints

Firm will also push for action on schemes where it acts as a co-trustee

'Portfolio purity’ will not bring about the change needed to tackle the climate crisis

Interim target to halve emissions across equities and bonds by 2030

TfL looks to 55% reduction by 2030 while Avon commits to 43% reduction by 2025

The pool has launched a roadmap, setting out its plans including 2030 interim targets