UK companies must commit to green pensions | Letter

Money invested in pensions should support a clean, sustainable transition to a net zero world, write Christiana Figueres, Nigel Topping, Richard Curtis and Amanda Mackenzie

Across the country, many leading companies are tackling climate change by reducing emissions and setting ambitious net zero targets by joining the #RaceToZero, but too often they ignore one of the most powerful tools at their disposal – pensions.

This is a critical year for the UK as it hosts Cop26, the most important global climate summit in decades. With consumer interest rising and green investments experiencing record growth, this is a unique opportunity for Britain to showcase how our financial system can be leveraged to tackle climate change on the global stage.

Related: Pension funds urged to help UK reach net zero climate goals