Tag: Pensions

Counting on … Day 52

30th April 2025

Becoming more informed, you will become aware of the many lifestyles changes that we can make to begin to address the climate crisis.

Make My Money Matter argued that the most impactful change we can make is to switch to a green pension provider – ie one that doesn’t fund fossil fuels. All commercial undertakings including fossil fuel exploration and extraction rely on finance and the operations of the financial sector – whether that is banking that enables the continuing day to day, week to week, and year year  transactions of ongoing the business;; insurance protection for every aspect of the business; investment in expansion and new enterprises; maintaining share values and dividend payments etc. Many pension funds – as well as banks, mortgage and insurance companies – are key players in ensuring the flow of such finances.

Although Make My Money Matter closed this year, their website is, for the current year, a good source of information on pensions and banking.

Make My Money Matter

Ethical Consumer is another good source of information on matter financial – subscribing enables you to access their reports in full

https://www.ethicalconsumer.org/money-finance/shopping-guide/ethical-pensions

And for climate friendly banking options – https://justmoney.org.uk/the-big-bank-switch/

Count Down

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. 

https://www.theguardian.com/green-your-pension/2021/jul/08/green-your-pension-and-four-other-unexpected-ways-to-lower-your-carbon-footprint