« back to news

BT Pension Scheme Sets Out Net-Zero Greenhouse Gas Emissions Goal

The BT Pension Scheme (BTPS) has set a goal to achieve net-zero greenhouse gas emissions by 2035 across its £55 billion portfolio. This move aligns BTPS with the Paris Agreement goals to keep global temperature rises within 1.5C of pre-industrial levels by 2050.

BTPS Management’s Chief Executive, Morten Nilsson said “as the global economy looks for ways to recover from the impact of the pandemic, we have an opportunity to do things differently. Over the next 15 years, the scheme will be reinvesting the majority of its assets and, as we look to deliver the best returns, we must not waste this opportunity to support a cleaner and greener future.”

To read the article on Pensions Expert please use the following link: BTPS Net-Zero Goal