Did you know that greening your pension is the single biggest thing you can do for the climate?
That is because the UK pension system invests £88 billion in fossil fuel companies, and £300 billion in companies linked to deforestation. This money could be used to invest in companies and initiatives that benefit both people and the climate, rather than supporting harmful industries.
The UK pensions system could invest £1 trillion in climate solutions by 2035, which would be 50% of the money needed to reach the UK’s 2050 net zero goal.
Right now, in summer 2025, the UK government is beginning the biggest reform of our pensions system in a generation – now is the time for bold, system-wide change that would benefit people and the climate.
The JustMoney Movement – one of CTE’s Charities and Networks in Association – is part of the Better Pensions Coalition, an alliance of civil society groups and trade unions calling on the government’s pension reforms to:
- Deliver decent pensions for all
- Fund a just transition to a low-carbon economy
- Phase out investment in fossil fuels, deforestation and other destructive activities
It’s important that politicians hear from a wide cross-section of society, including faith communities. So please, join the call for greener, fairer pensions by signing and sharing this petition: Better pensions campaign – JustMoney Movement
The statistics for this article are taken from Make My Money Matter: https://makemymoneymatter.co.uk/pensions/