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pensions

Research: Pension scheme net zero plans 'dramatically underestimate' climate risks

Risk

Research: Pension scheme net zero plans 'dramatically underestimate' climate risks

University of Exeter report calls for change in the way the UK pensions industry thinks about climate change

clock 09 August 2023 • 2 min read
PIC invests £38m in rail and freight leasing firm Streem Group

Investment

PIC invests £38m in rail and freight leasing firm Streem Group

Railway and freight investment supports decarbonisation aims of both firms as well as that of wider logistics ecosystem, according to Pension Insurance Corporation

clock 09 August 2023 • 1 min read
Carbon Tracker: Financial firms' 'flawed' climate models putting millions of pensions at risk

Investment

Carbon Tracker: Financial firms' 'flawed' climate models putting millions of pensions at risk

Financial institutions relying on economic research that ignores critical scientific evidence about the financial risks from climate change, think tank warns

clock 27 July 2023 • 5 min read
Gresham House secures £80m pension fund backing for green investment strategy

Investment

Gresham House secures £80m pension fund backing for green investment strategy

Bedfordshire and Staffordshire pension funds commit to strategy backing projects ranging from vertical farming to biodiversity protection

clock 25 July 2023 • 3 min read
'Mansion House Reforms': Chancellor predicts pension shake-up will boost investment in 'our most promising companies'

Investment

'Mansion House Reforms': Chancellor predicts pension shake-up will boost investment in 'our most promising companies'

Pension firms expect latest package of financial services reforms to make it easier for them to invest in the net zero transition

clock 10 July 2023 • 4 min read
UK pension funds have £88bn invested in fossil fuel firms, research finds

Infrastructure

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

clock 28 June 2023 • 4 min read
'Not nearly enough progress': Church of England to fully divest from oil and gas firms over climate concerns

Investment

'Not nearly enough progress': Church of England to fully divest from oil and gas firms over climate concerns

Archbishop of Canterbury Justin Welby warns that 'the Church will follow not just the science, but our faith' as it promises to divest entirely from fossil fuels by end of the year

clock 22 June 2023 • 6 min read
Study: Pensions funds slow to invest in nature, despite growing risk awareness

Biodiversity

Study: Pensions funds slow to invest in nature, despite growing risk awareness

Report shows nearly two-thirds of UK pension schemes are not invested in natural capital assets

clock 06 June 2023 • 3 min read
Aegon UK to invest £500m in climate solutions by 2026 in net zero push

Investment

Aegon UK to invest £500m in climate solutions by 2026 in net zero push

Pensions and investments giant sets out climate action roadmap towards halving its financed emissions by 2030

clock 02 June 2023 • 2 min read
Shell faces growing climate backlash as Nest and London CIV join shareholder revolt

Investment

Shell faces growing climate backlash as Nest and London CIV join shareholder revolt

Pension schemes plan to vote against oil and gas giant over its fossil fuel expansion plans

clock 12 May 2023 • 5 min read
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