You’re lucky if your company pension set-up includes ethical funds that don’t invest in coal extraction or oil drilling
In the highly unlikely event that Greta Thunberg grows up and gets a job at the average British company (yes, highly unlikely) then there would be almost nothing she could do to stop part of her pay going every month into a company pension that would, in turn, stuff the money into oil companies such as Shell and BP.
It’s 2019, and computer processing has transformed every part of our financial lives – from contactless payments to instant online shopping. So why, when the climate crisis demands urgent action, is it still virtually impossible to control where the biggest sum of money any of us are likely to accumulate – our pension – is invested?
We have a pensions infrastructure in the UK which is fundamentally unfit for purpose when it comes to climate change