2020 Divestment and COP26

The Social Market Foundation report “Pathway to COP26: the role of green finance” is a series of essays which discuss “the decisions made by individuals about their pensions, to the strategies adopted by financial professionals, these essays make clear the various ways and means that people, markets and the State can coalesce to deliver a transformative low-carbon economy”

The Pope has recognised the need for the global economic recovery, and divestment, and “the urgent need to commit to the integral care of our common home, excluding from investments companies that do not meet (these) parameters … and rewarding those that (do),”.

Many funds are divesting – including other LGPS schemes, and NEST.

SMF Pathway to COP26: the role of green finance (October 2020)

Pull investments from companies not committed to environment, The Pope

BTPS British Telecom Pension Scheme aims for 2035 Net Zero

AVIVA and Net Zero by 2050

NEST going Net Zero to support green recovery

SYPA South Yorkshire sets 2030 Carbon Neutral goal

The University of Cambridge aims to divest investments in fossil fuels by 2030 

APPG on Sustainable Finance – Financing Net Zero

The UK, COP26, and Climate Leadership – letter to Boris Johnson