USS outlines interim climate goals for pension portfolio as it eyes 2050 net zero target

Hope William-Smith
clock • 2 min read
USS assets under management totalled around £68bn as of March 2020
Image:

USS assets under management totalled around £68bn as of March 2020

The commitments come just ten months after the scheme announced its initial net zero target

The trustee for the UK's university pension schemes - the Universities Superannuation Scheme Ltd (USS) - has added interim climate targets for its investment portfolio over the coming decade to its existing,...

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

Ofwat announces funding for domestic leak-busting projects

Ofwat announces funding for domestic leak-busting projects

Water Efficiency Lab 2 grant programme aims to help prevent the 1.5 billion litres a day lost to leaks in homes and businesses

Stuart Stone
clock 03 August 2026 • 2 min read
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