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

To ask the Secretary of State for Housing, Communities and Local Government, what assessment she has made of the potential implications for her policies of local authorities divesting their Local Government Pension Scheme assets from the oil and gas industry.

Local Government Pension Scheme (LGPS) administering authorities are responsible for setting the investment strategy of their pension funds. Authorities must take investment decisions in the interests of their members and for the purpose of paying benefits.