Trusts: Climate Change
The question
To ask the Secretary of State for Housing, Communities and Local Government, if she has made an assessment of the potential merits of using proposed biennial governance reviews of administering authorities to ensure that trustees regularly review science-based forecasts of climate risks.
Answered by Jim McMahon
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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