On 12 July, an interactive guide that will provide pension funds with resources to ensure their funds are not enabling deforestation was launched by Global Canopy, Make My Money Matter (MMMM), and SYSTEMIQ. The guidance offers six phases of information for users on how to accomplish deforestation-free pension funds.
The guidance, How to achieve deforestation-free pensions, was created in consultation with 12 separate pension funds, including Cushon, Environment Agency Pension Fund, London CIV, Nest, Phoenix Group, Scottish Widows, and Smart Pension.
These steps include identifying where deforestation is taking place, as well as how to eliminate deforestation from their investments. Additionally, depending on the users’ investment strategies, it provides them with tailored advice and resources that are most relevant towards their pension funds.
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