RE: So no more candidbloke - he won't be missed!14 Jul 2025 18:13
God DAMN it Snoopz, how did you figure it out?
The following extract from BTPS website clearly shows another wrong direction. Just as Donald Trump in the States has exposed climate change for the big con it is, the BTPS is doubling down on this self-destructive stupidity. Let's hope that when Mr. Mittal officially takes over, he will see to it that this policy is reversed....
BT Pension Scheme sets 2035 net zero goal for its entire £55bn portfolio
Over the next fifteen years, the majority of the Scheme’s assets will be reinvested creating a unique opportunity to invest in companies that have lower emissions and increase investment in transition solutions. BTPS Chair Otto Thoresen said: “Climate change poses a clear and present threat to the Scheme’s ability to meet its long-term commitments. Setting a net zero goal of 2035 is ambitious but, it’s important to take steps now to safeguard the future of the portfolio and the planet.” Over time, all investment mandates will be aligned with the net zero goal. The Scheme will select and retain managers that it believes can achieve these guidelines and will require managers to report against a net zero climate scorecard. Managers will engage with investments to set net zero emissions objectives, however insufficient efforts to curb emissions after a period of engagement may result in
Roll on the bid