UK. Pension funds quizzed over handling climate risk
The UK’s biggest pension funds are being asked how they are protecting people’s savings from the risks of climate change.
The chairwoman of the parliamentary Environmental Audit Committee (EAC), Mary Creagh, has written to the top 25 pension funds in the UK to ask how they manage the risks that global warming poses to pension savings.
It comes after an admission from the Government that “a lack of attention and outright misunderstanding remain widespread” among fund trustees on their duty to take environment risks into account.
Read More: Daily Mail
