Pension And Planet

REUTERS 10/05/24: Pension wealth at risk as climate priority slips

Sir Nicolas Stern has warned that pension funds must shift assets into low-carbon energy to drive long-term returns. He told delegates at the Reuters Global Energy Summit that investing long-term in “dirty technologies” is risking clients’ money. Stern, the author of an influential UK government report on global warming and a professor at the London School of Economics, is working with consulting firm Mercer on a project with Norway’s Global Pension Fund on global warming, capital markets and pension fund investors. Read more