How to save the planet? Richard Curtis says it involves pensions, actually Rupert Jones
His romcom Love Actually is frequently voted the nation’s favourite Christmas film but Richard Curtis’s latest festive offering aims to shock viewers into action, as well as make them laugh.
The screenwriter and director has launched a short tongue-in-cheek film that aims to raise awareness of how people’s pension cash may be financing industries that are “destroying the planet”.
The film, featuring the actor Jason Isaacs (best known for playing Lucius Malfoy in the Harry Potter films), is the latest salvo from Curtis’s Make My Money Matter campaign, which is pushing for some of the £3tn in UK pensions to be moved out of industries that are harming people and the planet via practices such as deforestation, and into sustainable businesses.
Nest to Reduce Carbon in its Growing Emerging Market Strategy
The UK-based pension fund will drill down on renewable energy in the strategy, which will roughly double next year.
The National Employment Savings Trust (Nest) will nearly double its emerging market allocation while also reducing the strategy’s carbon footprint, the fund said Tuesday.
The UK-based pension plan will increase its emerging market assets to US$1.2 billion by February, or about 6% of its $19.4 billion portfolio, according to the fund. At the moment, the pension fund had just $639.7 million devoted to the strategy, or just 3.5% of its total assets.
At the same time, the pension fund said it will reduce investments in companies with large oil and gas reserves, while also increasing funding into clean and renewable investments.
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