At PensionBee, our mission is to build pension confidence and create a world where everyone can enjoy a happy retirement. A key part of that mission is making sure our plans continue to align with our customers’ expectations. That’s why each year we ask customers to share their views on a range of topics related to their investments.
Because PensionBee plans invest in thousands of companies around the world, our customers are shareholders in most major listed businesses. With that comes the power to influence how companies treat people, run their operations and care for the planet.
Companies that protect the environment or treat people fairly, for example by paying real living wages, aren’t just acting ethically. Good corporate practices help create sustainable long-term value, supporting better financial returns for your pension pot.
In 2025, we improved our default plan range based on years of customer feedback. As a result, we didn’t survey customers who had been through a plan switch in 2025, to give them sufficient time in their new plan.
This year’s surveys covered the Climate, Tracker, and 4Plus Plans. We seek to understand the priorities of the customers in each plan, and ensure our stewardship approach aligns with their expectations. You can consult the full report for all findings.
Your priorities, plan by plan
Climate Plan: clear focus on emissions, transition plans and human rights
Customers were asked to rank engagement and voting priorities across climate, nature and human rights:
These results reflect a strong desire for more ambitious climate-related stewardship.
Tracker Plan: workers’ rights and social issues take priority
Tracker Plan customers were asked to share their voting priorities at company AGMs. The following issues were selected the most:
On expanding the Tracker Plan’s exclusionary screens, customers selected:
Each year we measure our customers’ views on investing in oil, gas and related companies, given there’s a growing debate about the industry’s future:
Preference for excluding or transitioning away from oil and gas has risen from 15% in 2022, to 21% in 2023, and 46% in 2025.
43% still prefer staying invested, meaning there isn’t consensus yet for change.
4Plus Plan: strong support for high-profile shareholder proposals
Support was high across all four major proposals presented:
86.5% supported asking Amazon to ensure all workers receive a real living wage and report on wages, human rights and inequality.
91.3% supported asking Meta to assess and report on the risks of AI-driven misinformation.
91.2% supported proposals for McDonald’s to reduce antibiotic use in its supply chain to tackle antimicrobial resistance.
80.9% supported asking Alphabet and Microsoft to disclose the environmental footprint of their AI operations.
Across all four votes, PensionBee voted in line with customer preferences.
Next steps
The 2025 survey results reaffirm that our existing voting approach, based on the ISS SRI policy, remains aligned with customer expectations in the Tracker and 4Plus Plans.
Have a question? Get in touch!
Do you want to know more about your pension plan with PensionBee? You can check out our Plans page to learn how your money is invested in different assets and locations, or log in to your BeeHive to see your specific plan. You can always send comments and questions to our team via [email protected].
Risk warning
As always with investments, your capital is at risk. The value of your investment can go down as well as up, and you may get back less than you invest. This information should not be regarded as financial advice.
