Are you environmentally conscious? Do you avoid plastic packaging at the supermarket or source locally grown fruit and vegetables? Do you turn the lights off when you leave the room or take showers instead of baths?
71% of women increased their commitment to ethical living over the last year compared to 59% of men1.
However, you may not know that you can make a bigger impact towards the planet by using your pension.
Your pension is the pot of money you have invested for your retirement. You can choose to invest your pension pot into companies that are making positive changes to the world. This allows you to start shaping the future and encouraging better business practices from all companies. 67% of women said that it is important to them that their investments have a positive social impact2.
A responsibly invested pension benefits both you and society. A study3 found that moving your pension savings to sustainable investment funds can be 27 times more efficient in reducing your carbon footprint than making small lifestyle changes such as eating less meat, using the train instead of the car, flying less and taking shorter showers.
Find out more about planning for your retirement
Review your existing pensions
Book a no-obligation meeting to review your existing pensions and see if they are in line with your ethical lifestyle and values.
A financial adviser will talk you through what responsible investing options are available in your pension scheme and how you can use your pension to make the greatest impact.
The value of an investment with St. James’s Place will be directly linked to the performance of the funds selected and the value may fall as well as rise. You may get back less than the amount invested.
1 The eco gender gap, Mintel, July 2018
2 WealthiHer Report, 2019
3 Nordea Group sustainable finance research, 2018
