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By Susanna Rust2021-05-12T13:20:00+01:00
London CIV, the asset pooling vehicle for 32 local government pension schemes in the UK capital, has completed an inaugural climate risk analysis and said it will set net-zero and interim carbon emissions reduction targets by September.
It said it had committed to setting the climate performance targets ahead of the UN climate change conference in November, and that this would follow further research and feasibility analysis in addition to client consultation.
It said the short-, medium- and long-term targets it set would be “designed into its funds” and integrated into future mandates to help it achieve them.