Green pensions increasingly important to workers

Source: HR Magazine

Wednesday, 5 October 2022

Workers are favouring companies that offer green pension plans, according to research from Scottish Widows.

Almost a quarter (25%) of employees named green pensions as one of the top benefits they would expect from a new employer.

Nearly three quarters (72%) of employees said it was important for their company to invest their savings sustainably, demonstrating a commitment to taking environmental and social issues seriously.

Despite the demand from workers, the report showed 34% of employers don't currently offer a sustainable pension scheme to workers.

Knowledge of what constitutes a green pension were where companies fell short. Just 25% of companies were knowledgeable about green pensions, while 37% said they had never heard of them. 

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