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New investment policy to make Nest scheme net-zero by 2050

Published on: 29 July 2020
Published by LNB News

LNB News 29/07/2020

Document Information

Issue Date: 29 July 2020

Published Date: 29 July 2020

Jurisdiction(s): England, Northern Ireland, Scotland and Wales

Article summary

Nest has announced a new Climate Change policy to decarbonise its investment portfolio. The policy aims to align Nest with the Paris Agreement goals to keep global temperature rises within 1.5C above pre-industrial levels by 2050. It sets out a goal of being net-zero across its investments by 2050 or earlier, with the expectation that carbon emissions in its portfolio will halve by 2030.

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