Scottish Widows launches £1.4bn of climate-focused funds

Provider has launched the Global Environmental Solutions fund

Elliot Gulliver-Needham
clock • 2 min read

Scottish Widows has launched four new funds aiming to direct a total of £1.4bn of pension investment into sustainable investments.

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...

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