Two-thirds of savers don’t know how to switch to a “green pension”

Switching to a green pension can save emissions equal to 11 return flights from London to New York every year, claims a new report. But is it worth moving your money, and how do you do it?

Green nest of green eggs
(Image credit: Getty Images)

While most people know how to reduce their carbon footprint by, say, eating less meat or flying less often, two-thirds don’t know how to move their money to a “green pension”.

According to Scottish Widows’ second annual Green Pensions Report, only 10% of pension savers have fully switched to green pensions, due to a lack of information and access to them. 

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Ruth Emery
Contributing editor

Ruth is an award-winning financial journalist with more than 15 years' experience of working on national newspapers, websites and specialist magazines.

She is passionate about helping people feel more confident about their finances. She was previously editor of Times Money Mentor, and prior to that was deputy Money editor at The Sunday Times. 

A multi-award winning journalist, Ruth started her career on a pensions magazine at the FT Group, and has also worked at Money Observer and Money Advice Service. 

Outside of work, she is a mum to two young children, while also serving as a magistrate and an NHS volunteer.