Scottish Widows launches £1.4bn of climate-focused funds

The firm's new headliner Global Environmental Solutions fund will be focused on companies that provide solutions to critical environmental issues, such as global greenhouse gas emissions, food security, pollution and biodiversity loss. Developed with Schroders, the fund will invest in firms that derive at least 50% of revenues from goods and services that facilitate sustainable alternatives in areas such as transportation, electricity and heat production, water use, agriculture, or industrial manufacturing. Companies that direct at least 20% of capital expenditure towards adaptation t...