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Make My Money Matter urges UK s 81 largest occupational pension schemes to target net zero
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Pension funds in the UK are facing growing pressure to decarbonise their investments
Green pensions campaign calls on defined benefit schemes of a number of major emitters including BP, ExxonMobil, Shell and British Airways to set net zero goals
The Make My Money Matter campaign has written to 81 of the UK s largest occupational defined benefit (DB) pension schemes, urging them to set robust net-zero targets ahead of the crucial COP26 UN climate summit in November.
The campaign initiative, which was set up by screenwriter and director Richard Curtis, said a large number of UK pension funds had yet to make dedicated commitments to aligning their investment portfolios with the Paris Agreement s climate goals, despite growing momentum in the sector towards setting net zero portfolio targets.
MMMM urges 81 biggest DB schemes to set net-zero targets professionalpensions.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from professionalpensions.com Daily Mail and Mail on Sunday newspapers.