UK. Pensions must do right thing on climate crisis, says minister
Pension schemes should be supported for moving people’s money out of fossil fuels and into renewables because the financial risks from the climate crisis are “too important to ignore”, a government minister will say on Monday.
The pensions minister, Guy Opperman, is due to tell a conference that pension and investment managers must “do the right thing” and take their environmental and social responsibilities seriously to help combat the climate emergency.
During the last few years a number of pension schemes have taken action to protect their members from the risks associated with climate breakdown by reducing their exposure to companies with reserves of coal, oil and gas.
Read more @The Guardian
