Mortgage & Property

New Insurance Professional

Family Office Bulletin


Mortgage Property

Insurance Professional

Family Office

XPS Pensions Group becomes carbon neutral across entire value chain

  • Pledge sees purchase of high-quality carbon offsets to cover Scope 1, 2 and 3 emissions
  • Move supported by broader effort to reduce emissions and limit business’s environmental impact

XPS Pensions Group has become net carbon neutral by offsetting carbon emissions across its entire value chain, as part of its journey to limit the business’s environmental impact while helping clients and stakeholders also move towards a more sustainable future.

The Group’s Scope 1, 2 and 3 carbon emissions will be offset by the purchase of high-quality, UN-approved renewable energy with immediate effect. The move marks a significant step in XPS Pensions Group’s drive to become a more sustainable business, which will see it undertake continued efforts to significantly reduce emissions in the coming years.

XPS is also using its advisory position, with assets under advice totalling £140 billion, to encourage clients to reduce the environmental impact of their own activities and investments. As signatories of the UN Principles of Responsible Investment and the FRC’s UK Stewardship Code, the Group actively influences and partakes in industry-wide initiatives to help tackle climate change.

Paul Cuff, Co-CEO of XPS Pensions Group, (pictured) said: “Becoming a carbon neutral business is a major step forward in XPS’s sustainability journey and we have invested in highly reputable carbon credits to help achieve this. We do, however, recognise this can only be part of the solution in solving the climate crisis, which is why we’re committed to undertaking multiple initiatives to reduce our carbon footprint directly. We are also using our wider influence to create positive change by encouraging capital flows to move in the direction of a more sustainable future.”

This Week’s Most Read

  • Investing for the year ahead: eight funds and investment trusts for 2022

    The year end is a natural time for people to review their investment portfolios and ensure it is well positioned for the year ahead. Ryan

  • Is your art in the right place?

    By Arthur Byng Nelson, Solicitor and Legal Director at law firm Harold Benjamin. Introduction: Clients with Art For some wealthy individuals a great deal of

  • SJP celebrates its 1000th Chartered Financial Planner

    St. James’s Place (SJP) celebrates surpassing its 1000th adviser to achieve Chartered status. Former law graduate, Molly O’Donnell, came into SJP via the Academy and,

  • Invesco: Outlook for ESG in 2022

    By Cathrine de Coninck-Lopez, Global Head of ESG at Invesco. I have every reason for optimism in 2022. There is clear progress in the environmental,

  • Silent Cyber: a threat for financial advisers?

    By Chris Davies, Executive Director & Co-Lead of IFA Business Unit at Howden The way many of us work has seen a fundamental shift since

  • 7IM partners with Door to strengthen regulatory and stewardship strategies

    7IM today announces that it has partnered with Door, a company dedicated to improving due diligence processes, in a move that will assist the firm

  • Selling the family-owned business: Key considerations for families looking to sell and protect the family legacy

    By Richard Lane, partner in the Corporate and Family Business team at leading law firm Farrer & Co. For a family business owner, the smooth

  • AJ Bell Active v Passive Report 2021

    Only a third of active equity funds (34%) beat a passive alternative this year, according to our latest Manager versus Machine report Active outperformance was

  • The Fall and Rise of Structured Products

    In this episode Ian Lowes, the founder of Structured Products Review, speaks about why the pre-packaged investment strategy is so misunderstood, and how so many

  • Square Mile Academy of funds report ratings round up for November

    Five new ratings, including three Responsible ratings One rating upgraded One fund reintroduced to the Academy of Funds Analysts at Square Mile Investment Consulting and

Keep updated on the most important financial events 

Make sure you are an informed

wealth professional..

Adblock Blocker

We have detected that you are using

adblocking plugin in your browser. 

IFA Magazine