Do you want your pension to invest in companies harming the planet?
Environmentally conscious workers are challenging their employers or providers to offer greener funds
Whether it’s cutting back on meat and dairy, or switching to a green energy company, people are increasingly looking for ways to reduce their impact on the environment. However, most of us are unaware that they are typically propping up the fossil fuels industry through their workplace pension.
Each year the average UK pension pot finances 23 tonnes of CO2 emissions through the businesses it invests in – the equivalent of running nine family cars each year or burning 1,100 coal fires annually – according to a firm called Cushon, which, earlier this year, launched what it claimed was “the world’s first net-zero pension”.