Responsible investing

Your savings in the Tesco Retirement Savings Plan are invested in things like companies, government bonds and property, in different parts of the world. The main aim is to help your money grow as much as possible while keeping it safe, so it can give you an income when you stop working and earning.
 
Tesco, the trustees and their advisers regularly review these investments and how they perform.

Investing responsibly helps us to do this. It involves considering environmental, social and governance (ESG) factors, such as climate change, changing energy needs, social inequality and workers’ rights when making investment decisions, and looking to drive positive change within the companies and assets that we invest in. Investing in this way also helps support better outcomes for society and the planet, and we know this is really important to many Tesco colleagues. It’s really important to us too.
 
For these reasons, Tesco and the trustees have committed to aim for the investments in the Tesco Retirement Savings Plan to be 'net-zero' by no later than 2050.

Read more about this commitmentOpens in new tab and how we’re going to do this.

Don’t forget, you can see which companies your savings are invested in, and give your views on how they’re run, through TumeloOpens in new tab.

To see your current investment options, take a look at our guide to the Investment OptionsOpens in new tab.

Remember, financial markets and share prices change all the time, so the value of your savings in the Tesco Retirement Savings Plan can go down as well as up.

Find out how a responsible investing approach is used for pensions on our Environment, Social and Governance HubOpens in new tab.