UK. ‘Drive to reach net zero’ top reason for pension investment in renewable energy

The pursuit of reaching net-zero carbon emissions is the top reason for pension investment in renewable energy, according to research by AlphaReal. When asking UK pension schemes and insurers to select the three main environmental, social and governance (ESG) drivers for investing in renewable energy, almost three-quarters (72 per cent) included ‘measurable targets and benefits including achieving net-zero carbon emissions by 2050’ in their top three. Climate risk mitigation was the second biggest ESG driver for pension schemes and insurers, chosen...