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

Aims to halve its carbon footprint by 2030

Hope William-Smith
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The company said it will invest in a range of solutions from renewable energy to low-carbon buildings
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The company said it will invest in a range of solutions from renewable energy to low-carbon buildings

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 ...

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