Half of LGPS funds have set a net-zero target, XPS finds

XPS finds half of LGPS funds have not committed to net-zero, but many have chosen a 2050 target

Jasmine Urquhart
clock • 1 min read
Half of LGPS funds have set a net-zero target, XPS finds

Nearly half (49%) of Local Government Pension Scheme (LGPS) funds have committed to a net-zero target, according to XPS Pensions Group.

The research into LGPS funds and asset pools – which collectively have over £350bn in assets under management – found while many have set a target, more than half (51%) have not committed to net ze...

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

Jasmine Urquhart
Author spotlight

Jasmine Urquhart

Senior Correspondent at Professional Pensions

More on Transition Management

UKSIF responds to FRC review of Stewardship Code

UKSIF responds to FRC review of Stewardship Code

Body says FRC should ‘maintain robust focus’ on sustainability in new definition

Jasmine Urquhart
clock 20 February 2025 • 2 min read
Pension providers rank as 'inadequate' for climate action

Pension providers rank as 'inadequate' for climate action

MMMM finds largest providers ‘risking’ savers’ money with continued fossil fuel investment

Jasmine Urquhart
clock 13 February 2025 • 4 min read
Industry experts explore climate and greenwashing risks

Industry experts explore climate and greenwashing risks

Macfarlanes roundtable outlines risk of greenwashing, transition planning and climate litigation for firms

Jasmine Urquhart
clock 30 January 2025 • 3 min read
Trustpilot