RSM UK’s (2006) Retirement Benefit Scheme pension trustee has become the latest signatory to the 2021 Global Investor Statement.

The initiative, which is led by Institutional Investors Group on Climate Change, is supported by 587 investors, representing over USD $46 trillion in assets and around 40 per cent of global assets under management.

The statement urges countries to strengthen their Nationally Determined Contributions to mitigate climate change, to raise their climate ambition to limit global warming to no more than two degrees, and ensure that all Covid-19 recovery plans support the transition to net zero.

Commenting on the news, RSM UK (2006) Retirement Benefit Scheme member nominated trustee director, Karen Tasker, commented: ‘We believe this is the right thing to do for our members.

"As the world reaches this pivotal moment in the fight against climate change, more investors are now rightly looking to proactively manage climate risk in their portfolios. By signing this statement, we are demonstrating our support for this approach.

“We’re proud to add our name to the list of signatories but recognise this is far less than ‘job done’ in terms of what we should be doing.

“Signing up to the 2021 Global Investor Statement continues our efforts to manage climate risk and pursue the enormous investment opportunities in the global net-zero emissions transition.”

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