Action 47: Green your pension: this article comes from The Guardian
There’s an estimated £2.6tn invested in UK pensions. You might not know it, but much of it funds environmentally harmful industries and activities such as fossil fuels or deforestation. Your pension may not seem like a powerful eco tool, but according to research by Make My Money Matter, Aviva and Route2, getting a green pension can be 21 times more effective in cutting your carbon footprint than giving up flying, going veggie, and switching to renewable energy combined. In fact, this research shows it’s the most powerful step an individual can take to reduce their carbon. And it’s not just a high-impact activity – it’s also popular. More than two-thirds of us want our money to support people and the planet. By pressuring your provider to invest more sustainably, or finding a more climate-friendly option, you’ll be able to sleep easier knowing your pension is now a force for good.
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