Scottish Widows
Renewable energy, clean mobility, transport, forestry, sustainable agriculture and biodiversity businesses are set to benefit
With pension funds controlling close to $60tn of global assets, could they play a key role in turning the tide on nature investments?
This takes its overall environmental divestment to £3bn
It will not invest in companies that are involved in the extraction, production, supply and transportation of fossil fuels or those that generate power from or own reserves of fossil fuels
It claims to be the first major pensions and insurance provider to set such a goal by 2030