Eco Tip

At Work – Change Pension Supplier

Pension funds represent the largest group of investors in the UK, holding around 2 trillion pounds in assets. By 2021, an estimated £128 billion was invested in fossil fuels from UK pension funds, nearly £2,000 for every person in the UK, Friends of the Earth found.

A mass switch from fossil-invested pension suppliers across the UK would reduce 19 tonnes of GHG emissions per year. Investigating your pension supplier and making a switch should you discover their investments in fossil fuels puts increased pressure on suppliers to diversify and decarbonise their investments.