Local pension provider, BWCI Pension Trustees Limited has announced changes to its Blue Riband range of pension products to align with its commitment to sustainability and responsible investing.
BWCI has also pledged to achieve net-zero greenhouse gas emissions by 2030.
Lifestyle members of Blue Riband can now access ‘Green’ or ‘Sustainable’ funds, which incorporate sustainable investing principles, through both Blue Riband’s Lifestyle Strategy and Self Select options.
Three new investment funds have also been introduced to the Blue Riband fund range, available for investment by Self Select Members.
The new funds offer a unique combination of broad market exposure and a commitment to ESG principles. They track the Solactive ESG indices, which set stringent global criteria for companies to meet. This approach ensures that companies committed to low carbon transition and strong corporate governance
are prioritised.
Stephen Ainsworth (pictured), Senior Partner at BWCI, said: “The journey to net-zero emissions is not an individual effort; it’s a collective journey that involves businesses and individuals. We’re proud to be making these changes and to be leading in this area locally.
“Providing our clients with the option to invest in funds with stronger sustainability credentials will better serve our members in the long term, offering financial security while making a positive impact on climate change and ESG matters.
“We are weaving sustainability into every aspect of the business. Our commitment extends beyond our green funds as we’re also cutting down on business travel, have upgraded our lighting, replaced appliances, established a Green Group to ensure senior-level engagement, and much more.”
BWCI is also a Founder Member of the Guernsey Green Forum, which is dedicated to sharing knowledge and collaborating to protect the environment.
Stephen added: “We are weaving sustainability into every aspect of the business. Our commitment extends beyond our green funds as we’re also cutting down on business travel, have upgraded our lighting, replaced appliances, established a Green Group to ensure senior-level engagement, and much more.”