Tackling climate change is high on the agenda for pension scheme trustees, and with COP26 only recent history, taking action has never felt more pressing. However, trustees must be careful to balance this with generating investment returns.
Climate change is now high on the agendas of governments around the world. The UK was the first major economy to commit to achieving net zero by 2050, and earlier this year pledged to cut emissions by 78 per cent by 2030, compared with 1990 levels.
The financial sector will play a role in achieving national sustainability goals by using influence to persuade dirty companies to become cleaner.
STM Group plc (LON:STM) is a multi-jurisdictional financial services group listed on the Alternative Investment Market of the London Stock Exchange. The Group was formed as a strategic investment company specifically to build a leading financial services group originally operating in the international corporate and trustee service provider (CTSPs) sector.