The Pensions Regulator finds just 43 per cent of defined contribution schemes consider climate in investment strategies
Pension schemes fund an estimated 330 million tonnes of carbon emissions every year, according to Make My Money Matter research
Thérèse Coffey says pensions can become the 'superpower' in the transition to net zero
An unidentified UK-based institutional investor is set to invest as part of the project
Firm also sets out plans to push for climate action on pension schemes where it acts as a co-trustee
Research from Make My Money Matter shows that large UK pension schemes managing £2tr still have no net zero goals in place
Interim target to halve emissions across equities and bonds by 2030 also announced by the pension scheme
The newly-launched Green Pensions Charter brings together companies which want to act to tackle the climate crisis, writes Make My Money Matter’s Jacinta Dillon
Local Government Pension Scheme (LGPS) pool has also set out interim 2030 climate targets as well as plans to ditch coal and oil tar sands investments
UK should use position as host of UN climate summit to drive global harmonisation of climate-related reporting standards for pensions, according to Work and Pensions Committee