UK pension funds, including the National Employment Savings Trust (Nest), currently invest a whopping £88 billion in coal, oil and gas companies that are fuelling the climate crisis. In fact, Nest is the UK’s largest workplace pension provider, currently serving around 40% of workers in the UK (and counting!) According to Nest, it invests over £45 billion on behalf of its members and it’s committed to “stop investing in fossil fuels and work towards net zero emissions by 2050, in line with the Paris Agreement.”

Despite this commitment, Nest’s default pension – its Retirement Date Fund – still invests in major polluters like Shell, Total and BP. Around the world, these companies drive climate breakdown and deforestation, poison our air and water, and violate human rights. Nest’s default pension takes our hard-earned salaries and pumps them into companies who make their billions by harming our communities, our health, and our livelihoods.

If we want a liveable future, we can’t wait until 2050 to stop funding fossil fuel companies that are destroying the planet. Luckily, in just a few clicks, you can switch to Nest’s Ethical Fund with us – and together, we can get Nest to go fossil free for all members.