Investors: 60 per cent of pension funds pessimistic on hitting net zero goals

A study finds that the majority of a group of pension funds managing €3.3tn in assets believe they will miss their net zero targets despite many embedding climate change objectives in portfolio strategies.

New research has revealed that 60 per cent of a group of large pension funds across North America, Europe and Australasia believe they will fail to achieve their net zero goals under current conditions.