Scottish Widows targets net-zero across £170bn fund range by 2050

Aims to halve its carbon footprint by 2030

Scottish Widows will aim to halve the carbon footprint of its investments by 2030 on the way to achieving net-zero across its entire portfolio of investments by 2050.

In a statement this morning (8 February) the six million customer-strong provider also said it will invest heavily in a range of climate solutions, including renewable energy, low-carbon buildings, and energy efficient technologies. These investments will be made within the next five years on a path to net-zero that the provider said will be "complex, but the right thing to do".  Head of pension investments Maria Nazarova-Doyle said the 2030 and 2050 commitments would provide a long-term safeguard for customers' investments. "Our first responsibility is always to our customers and ...