UN Global Compact

Enhancements come on the back of client demand and ESG disclosure rules for schemes

PensionBee is planning to roll out its fossil fuel-free fund by the end of this year after receiving £31m in fund commitments from customers in under a week.

Scottish Widows has begun work with its fund management partners to divest at least £440m from companies which do not meet its ESG standards under a new exclusions policy.

Scottish Widows has invested £2bn of pension fund assets to become the inaugural investor in BlackRock’s authorised contractual scheme (ACS) Climate Transition World Equity Fund.