GLIL Infrastructure Backed by UK Pension Funds for Net-Zero 2050 Goal
GLIL Infrastructure, a £3.6bn asset manager, has received backing from prominent UK pension funds, including the Universities Superannuation Scheme (USS), The Environment Agency Pension Fund, and The Greater Manchester Pension Fund. This support is crucial in helping GLIL achieve its net-zero carbon emissions target by 2050 through sustainable infrastructure investments.
GLIL has recently adopted a new investment management framework to align with its climate goals. This commitment is evident in its latest investment: a portfolio of 247MW of operational UK solar assets. This addition brings GLIL's total infrastructure assets to £3bn, spanning renewable energy, battery storage, and regulated utilities. The company's strategy is clear: to facilitate the energy transition by investing in projects that reduce carbon emissions. GLIL is one of the first investors to embrace the Net Zero Investment Framework's guidance for infrastructure assets, demonstrating its dedication to sustainability.
With the support of major UK pension funds and a clear roadmap for sustainable investment, GLIL Infrastructure is well-positioned to meet its net-zero carbon emissions target by 2050. Its latest solar asset acquisition and commitment to the Net Zero Investment Framework underscore its seriousness in driving the energy transition.
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