Local Government Pension Scheme: Climate Change
The question
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
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.
Verbatim has judged this answer against the question that was actually asked — answered, partly answered, or evaded. Sign in to see the verdict →