UK pension funds have £88bn invested in fossil fuel firms, research finds

clock • 4 min read
UK pension funds have £88bn invested in fossil fuel firms, research finds

Pensions sector accused of 'aiding and abetting' fossil fuel expansion, as fresh research reveals average UK pension holder has £3,000 invested in fossil fuels

UK pension schemes have invested approximately £88bn into the oil and gas industries despite their own commitments to reach net zero, according to new research from Make My Money Matter (MMMM). A report...

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 Infrastructure

First 'nationally significant' heat project to warm nearly 300,000 London homes

First 'nationally significant' heat project to warm nearly 300,000 London homes

Construction of UK-first large-scale heat transmission system to start in 2028, with low carbon heat to be supplied from 2032

Stuart Stone
clock 29 September 2025 • 4 min read
'Super batteries': Ofgem advances plans for new wave of Long Duration Energy Storage projects

'Super batteries': Ofgem advances plans for new wave of Long Duration Energy Storage projects

Regulator confirms selection of over 75 projects for new 'cap and floor' energy storage support scheme

clock 23 September 2025 • 3 min read
Pylon principles: Government publishes plan to boost public trust in new grid projects

Pylon principles: Government publishes plan to boost public trust in new grid projects

New principles for navigating the social aspects of grid transformation aim to engage with opposition to new pylon projects

James Murray
clock 17 September 2025 • 2 min read