It is already entirely possible to interpret fiduciary duty in a way that tackles climate risks and allows for divestment, but plans to update investment rules are still hugely welcome
The first thing to say about the government's hugely welcome move to update investment rules to make it easier for pension funds to respond to climate risks is that it really should not be necessary...
To continue reading this article...
Join BusinessGreen
In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
- Receive important and breaking news stories via our daily news alert
- Our weekly newsletter with the best of the week’s green business news and analysis
