Pension providers shorten timescale for decarbonisation

摘要

UK pension schemes and providers— which manage approximately E2tn between them on behalf of savers—are increasingly committing to net-zero carbon portfolios by 2050 with substantial decarbonisation milestones as early as 2025. Many pension schemes are setting near-term targets for taking action because, while 2050 targets are nice to have, ultimately, short-term targets are stepping stones towards the long-term goal.