'No point inheriting a pension in a world on fire' - biggest UK pensions found lacking in climate action

None of the UK's largest DC pension providers have explicit policies aiming to end fossil fuel expansion, according to the first ever Climate Action Report by Make My Money Matter (MMMM), the sustainable pension campaign group co-founded by UK film director Richard Curtis. Other findings include that 50% of these providers do not have explicit voting policies aligned to achieving global temperature goals, 60% have not published 2025 milestone targets to reduce emissions and 80% have not made public commitments to eliminating deforestation from their portfolios. The cohort of 20 pensio...