Failed low-carbon transition could wipe 33% off pension fund returns

The immediate costs of a low-carbon economy transition are significantly outweighed by the costs of continued inaction, research from Ortec Finance has found, estimating that a failed low-carbon transition could wipe up to 33 per cent off pension fund returns worldwide by 2050. As part of its analysis, Ortec Finance applied its proprietary 2025 climate scenarios to the investment portfolios of 180 pension funds across the six largest global pension systems, revealing the consequences of further delaying the net-zero transition. This...