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

UBS becomes latest major European bank to quit Net Zero Banking Alliance

UBS becomes latest major European bank to quit Net Zero Banking Alliance

Swiss bank joins HSBC and Barclays in exiting UN-backed group following annual review of sustainability and climate-related memberships

Stuart Stone
clock 07 August 2025 • 5 min read
Santander and Natwest join £220m fundraise to supercharge UK battery infrastructure

Santander and Natwest join £220m fundraise to supercharge UK battery infrastructure

Pulse Clean Energy secures funding from six international banks to build more than 700MWh of battery storage infrastructure

Stuart Stone
clock 04 August 2025 • 4 min read
'Ideal launchpad': London Thames Hydrogen confirms £200m hydrogen-from-waste funding

'Ideal launchpad': London Thames Hydrogen confirms £200m hydrogen-from-waste funding

Investment in new facility represents first stage of UK's £1bn national hydrogen corridor

Stuart Stone
clock 04 August 2025 • 3 min read