Across the world, businesses are ramping up their efforts to cut their carbon.
But despite these steps – new research from Make My Money Matter shows they’re missing out on one crucial, yet unreported action – greening their company pensions.
Our research uncovers the hidden carbon footprint of UK pensions.
This analysis shows that leading UK businesses are unintentionally funnelling billions of pounds into carbon intensive industries, despite their climate commitments.
As a result, the billions invested through their pensions are not only damaging the planet, they’re directly contradicting the values, commitments, and sustainability strategies of those same businesses.
These findings show the critical role our pensions can – and must – play in tackling the climate emergency.
That’s why we’re calling on all organisations to green their schemes, and unleash the hidden superpower of our pensions.
By placing pensions at the heart of their climate commitments, businesses can cut their carbon, help address the climate crisis, and show the pensions industry that it’s time to make our money matter.