Two pension funds quit net-zero alliances

Australian and Austrian schemes quit net-zero groups citing resource issues

clock • 2 min read
Two pension funds quit net-zero alliances

Two pension schemes are the first institutions to leave financial alliances forming part of a group aiming to meet net-zero greenhouse gas emissions led by ex-Bank of England governor Mark Carney.

According to the Financial Times, Australian pension scheme Cbus Super left the Net-Zero Asset Owner Alliance (NZAOA) in recent months due to resourcing problems, while Austria's Bundespensionskass...

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

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

PMI launches survey on DB investment governance

PMI launches survey on DB investment governance

Research aims to gain understanding of how DB governance is changing in practice

Professional Pensions
clock 08 May 2026 • 1 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

TPR funding statement; WTW completes Cushion acquisition and Safe Covenant launch

Professional Pensions
clock 08 May 2026 • 1 min read
Property could help to support retirement income, SPP finds

Property could help to support retirement income, SPP finds

Poll finds 90% believe real estate has a role to play in supporting retirement income

Martin Richmond
clock 08 May 2026 • 1 min read
Trustpilot