Image:
Nest represents a third of the UK's workforce pensions | Credit: iStock
Nest claims firms have ‘not done enough’ on climate to remain shareholders, in move prompted by UBS Asset Management's decision to eject firms from 'climate aware' fund
Government-backed pensions scheme Nest has divested from a string of carbon-intensive fossil fuel companies, including US oil major ExxonMobil and Canada's Imperial Oil, citing concerns over their failure...
To continue reading this article...
Join BusinessGreen
- Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
- Make smart, responsible business decisions with an eye on the latest regulatory and tech developments
- Stay in the know with our overnight briefing, expertly curated help you run a competitive and sustainable business
- Tap into our extensive archive of exclusive articles, news, analysis and guides
- Choose from 3 paid membership levels or start a 7-day no strings trial
