Scottish Widows tightens investment restrictions on coal and tar sands

Michael Holder
clock • 2 min read
Growing numbers of pension providers are setting net zero goals | Credit: Scottish Widows
Image:

Growing numbers of pension providers are setting net zero goals | Credit: Scottish Widows

Pension provider unveils fresh divestment moves worth a total of £1.5bn

Scottish Widows has tightened its fossil fuel investment policies to reduce its exposure to firms invested in thermal coal and tar sands as part of package of divestments worth £1.5bn, the pension giant...

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

Government announces £22m boost to Port Talbot Transition funding

Government announces £22m boost to Port Talbot Transition funding

Additional funding takes total available to support skills programmes and local investment initiatives to over £140m

James Murray
clock 18 December 2025 • 4 min read
Royal Academy of Engineering awards £39m to scale up climate innovations

Royal Academy of Engineering awards £39m to scale up climate innovations

Inaugural cohort of 13 engineers to receive £3m each to develop range of innovative climate solutions

Stuart Stone
clock 18 December 2025 • 3 min read
Grangemouth: £150m funding package to boost energy efficiency, cut carbon, and protect 500 jobs

Grangemouth: £150m funding package to boost energy efficiency, cut carbon, and protect 500 jobs

Government pledges joint investment with INEOS, as plans to transform former oil refinery site into ‘low carbon manufacturing hub’ accelerate

Stuart Stone
clock 17 December 2025 • 4 min read