Smart Pension on Track for Net Zero by 2040

Smart Pension, one of the UK’s largest pension providers, has announced its on track to halve its emissions between 2019 and 2025 following its commitment to transition its default growth fund to net zero by 2050. Smart Pension, which manages more than £2 billion in assets for its 900,000 members, says a high proportion of its default growth fund is already invested in companies with a strong ESG focus. The pension provider intends to continue investing in companies working to improve energy efficiency, transition from fossil fuels, bolster sustainable agriculture, and reuse materials. James Lawrence, Smart Pension’s Head of Investment Proposition, said: “We’re always reviewing our investments and looking to the future at how we can commit even more to innovative sustainable funds that benefit society and the environment, whilst also providing strong outcomes for our members.” 

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