Local Government Pension Scheme: Climate Change

(asked on 8th April 2025) - View Source

Question to the Ministry of Housing, Communities and Local Government:

To ask the Secretary of State for Housing, Communities and Local Government, whether she has made an assessment of the potential impact of the level of turnover of Local Government Pension Scheme trustees on an understanding of the duty to consider climate-related risk.


Answered by
Jim McMahon Portrait
Jim McMahon
Minister of State (Housing, Communities and Local Government)
This question was answered on 24th April 2025

Administering authorities are already required to consider factors that are financially material to the performance of their investments, including environmental considerations such as climate risks.

The government has consulted on proposals to ensure that those involved in decision making in administering authorities have the appropriate level of knowledge and understanding for their roles.

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