Over four-fifths (83%) of pension schemes with more than £5bn in assets under management (AUM) have put in place targets to reach net zero by 2050, research from XPS Pensions Group has shown.
The consultancy's findings, which analysed the Taskforce on Climate-related Financial Disclosures (TCFD) reports of 35 pension schemes who hold a combined £344bn AUM, found of the 83% of schemes wi...
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