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Seize your pension power
to protect the planet
When I hear the words
‘the financial sector’
I think/I feel…
The story
of your
pension…
Your money
Your pension fund
The investment managers
Corporations
The size of our pension funds
UK GDP
Amount invested
by UK pensions
The story of our pensions
Your money > Pension fund > Investment Managers > Corporations
Most of our pension funds are…
The financial case for action
Government action:
- Global climate deal
- Emissions cap
- ‘Stranded assets’
No government action:
- Dangerous climate
change
- Impacts entire economy
What can pension funds do?
DISCLOSE
DIVEST
DISRUPT
DIVERT
DEMAND
Case study:
The Environment Agency Pension Fund
• Fighting climate change
and protecting financial
returns
• Carbon footprint
• Selecting and instructing
investment managers
• Low-carbon investments of
13%, with a target of 25%
Seizing our pension power
Start with an email:
www.greenlightcampaign.org.uk
Meet your pension fund
“I came away from the meeting with
a much better understanding of how
my pension fund works… I told them
frankly that there wasn’t much point
having a pension if it was invested in
destabilising the future. Until that
changes pensions will continue to
undermine their own purpose.”
Max, Aviva customer
“As a young person with over 40
years to go until retirement, my
number one investment priority is
to finance a future that is safe
from the impacts of climate
change.”
Amanda, Aviva customer
Pension power in action!
“We want to make decisions we will
be as proud of in 20 years’ time as we
are today, and unsurprisingly our
customers want us to think long term
as well. Recently we invited in some
pension customers to talk to us about
their concerns. One woman in her
mid-20s said something that
particularly stood out: “I want my
pension to help create the future I
want to retire into”. So these issues
are as big a concern for customers as
they are for us in the room today.”
Mark Wilson, Aviva CEO, at UN Principles
of Sustainable Investment
"Good morning. My name is Sarah Smart. I
am the Chair of the Pensions Trust which is
the indirect owner of 138,000 shares in British
Land through the Legal & General Global
Equity Passive Fund.
My question is: Will the Board commit to
implementing the Living Wage for all British
Land’s staff, including on-site contracted
workers in the UK, with a view to seeking
accreditation over the next year as a Living
Wage employer?“
Sarah Smart, Pensions Trust, British Land AGM
Any questions?
Your pension fund meeting
You’ve been given the opportunity to meet with
the CEO of your pension fund:
How will you convince them to take your
concerns on board?
What tone do you want the meeting to have?
What are your top 3 questions?
Taking action!
Email your pension fund:
www.greenlightcampaign.org.uk
Team up with others in your pension fund
Email [email protected]
with any questions or ideas