Pension funds should take climate risk more seriously, say experts
Pressure is mounting on pension funds to take more account of climate change risks, with campaigners calling on trustees to make sustainable investment decisions and use their voting power to push companies they invest in to go green. They also want governments to consider tighter regulation to force transparency. The push comes as some big pension funds are already taking more action on climate despite US president Donald Trump’s hostility to ESG, and some companies are backtracking on climate commitments...