'Shielding our customers': Scottish Widows announces £440m divestment from carbon-intensive companies

clock • 2 min read

Scottish Widows today announced a new exclusions policy targeting firms that derive more than a tenth of their revenue from thermal coal and tar sands

Pensions and insurance giant Scottish Widows today committed to divest almost half a billion pounds from companies that have failed to meet its environmental, social, and governance (ESG) standards, while...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Investment

Study: Clean energy remains a key untapped regional investment opportunity

Study: Clean energy remains a key untapped regional investment opportunity

Mayoral Strategic Authorities collectively identify almost £80bn of investment opportunities across infrastructure, housing, and clean energy

Stuart Stone
clock 31 July 2026 • 4 min read
Nesta pulls £120m of investments from Northern Trust over climate backtracking concerns

Nesta pulls £120m of investments from Northern Trust over climate backtracking concerns

UK research and innovation charity foundation transfers £120m of passive global equity portfolio to rival asset manager Amundi

Michael Holder
clock 29 July 2026 • 3 min read
Report: Businesses 'increasingly frustrated' at poor state of England's water supply

Report: Businesses 'increasingly frustrated' at poor state of England's water supply

Aldersgate Group urges government to go further and faster in reforming water sector in order to unlock much needed investment in tackling pollution and boosting climate resilience

Michael Holder
clock 21 July 2026 • 4 min read