Scottish Widows' non-ESG firm divestment reaches £3bn

£1.5bn commitment builds on almost £1.4bn worth of previous exclusions

Martin Richmond
clock • 2 min read
Scottish Widows head of pension investments and responsible investments Maria Nazarova-Doyle
Image:

Scottish Widows head of pension investments and responsible investments Maria Nazarova-Doyle

Scottish Widows has announced a further £1.5bn contribution towards its divestment policy as it strengthens its commitment to its environmental goals.

The additional £1.5bn announced today (28 March) is on top of previous divestment commitments, which total around £1.4bn. The new divestment policy includes a major commitment to divest from tob...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Investment

Chancellor sets out plans to move to T+1 standard for settling securities trades

Chancellor sets out plans to move to T+1 standard for settling securities trades

Move will bring UK in line with international markets and come into force from 2027

Jonathan Stapleton
clock 19 February 2025 • 2 min read
Partner Insight: LGPS - Going for gold ?

Partner Insight: LGPS - Going for gold ?

In the first of two articles, the World Gold Council attempt to demystify gold as an investable asset for LGPS funds.

World Gold Council
clock 19 February 2025 • 6 min read
Mercer to acquire SECOR Asset Management

Mercer to acquire SECOR Asset Management

SECOR’s 40-plus team will join Mercer once the deal completes

Jonathan Stapleton
clock 18 February 2025 • 1 min read
Trustpilot