Pensionskasse Stadt Zürich publishes on its website:
PKZH has further developed its long-standing and established sustainability strategy. It is reorienting its equity and corporate bond investments toward a reduction path with the goal of achieving net zero by 2050.
On April 15, 2025, the Board of Trustees of the Pension Fund City of Zurich (PKZH) adopted a new sustainability strategy , building on its long-standing and established strategy and further developing it, particularly in the area of climate strategy. PKZH’s emission reduction targets for equities and corporate bonds are now aligned with a science-based reduction path that sets a net-zero target by 2050. The interim targets are a reduction in financed emissions compared to 2016 by approximately 65% by 2030, 75% by 2035, and 85% by 2040, provided the global economy and society also develop in these directions. By the end of 2023, PKZH had achieved a reduction of 55%.
PKZH has long used its voice as a co-owner of companies to encourage them to adopt a Paris-compatible climate strategy. As a long-term investor, it is crucial for PKZH that the climate targets are achieved so that the conditions for achieving a sufficiently high return for its policyholders remain in place in the distant future.
According to Climate Alliance, PKZH has been a pioneer with its decarbonization plan since the end of 2018 and is one of the leading pension funds in Switzerland in this regard. PKZH’s engagement activities are assessed as optimally climate-effective, comprehensive, and in line with the goals of the Paris Climate Agreement.
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