We’re committed to helping customers grow their savings and contribute to a more sustainable world.
As a long-term savings provider, we take responsible investing very seriously. The consideration of environmental, social and governance (ESG) factors is necessary to protect and grow our customers’ assets.
We're committed to net zero carbon emissions by 2050 for our workplace default funds, and to halving emissions in those funds by 2030. As part of this, we've moved over £12 billion into investment strategies that take climate change into account.
We have over 30 years’ experience managing funds to responsible investment mandates.
More than £19 billion is invested in responsible investment funds across our platforms.
There are over 200 responsible investment options available on our platforms.
Figures correct as at December 2021.
A workplace default fund is the fund that workplace pension scheme members are automatically placed in if they don't choose their own fund.
Target to half carbon emissions for default funds based on 2019 start date.
We believe in the importance of stewardship. We expect the fund managers we partner with to use stewardship to drive positive change. This means actively engaging with companies and voting wisely at shareholder meetings, to promote more sustainable business practices.
Collaboration is key to driving change and this is why we've joined initiatives such as the Institutional Investors Group on Climate Change (IIGCC), which aims to accelerate progress towards a net zero and resilient future.