At Creative Pension Trust we have now developed our programme to achieve Net Zero status on carbon emissions for all member investments under management by 2050. We have also set an interim target of a 50% reduction by 2030.
This is no small task! It constitutes a complex undertaking, but it’s one that is worthy of our time and effort. We’re committed to being a responsible investor on behalf of all of our members.
If you wish to ensure that your investments are made in companies with strong Environmental, Social and Governance records, you can switch to our Ethical Fund via the Creative Pension Trust Member Portal.
Our ZeroByFifty and FiftyByThirty initiatives are now in place to minimise risk to the planet and to mitigate risk to our members’ investments.
In the words of Roger Mattingly, Chair of Trustees for Creative Pension Trust, “Climate change is the most significant financially-material ESG (Environmental, Social and Governance) issue for Creative Pension Trust and its members, particularly in the medium-to-long term.”
Expert analysis suggests that a focus on reducing emissions will mitigate long-term financial impacts to a degree that outweighs any short term risks taken on by firms. With that in mind, we are supporting the goals of the Paris Agreement. Namely, the goal to limit global temperature rise to 1.5oC above pre-industrial levels by 2050.
We are also pledging to work in line with the UK Government proposals for Master Trust pension schemes, we expect to manage climate change risks and opportunities for scheme investments according to recommendations by the Task Force on Climate-related Financial Disclosures (TCFD) from 1st October 2021.
We’ll begin publishing annual reports on these commitments starting in 2022.
You can download your own Investment Choices by clicking here.
If you have any questions about your account with Creative Pension Trust, remember that you always have access to the Help Centre, which you can find in the Creative Pension Trust Member Area of our website.