'Persistent failure': How UK pension funds are exposing savers' money to escalating climate risks

Michael Holder
clock • 7 min read
Credit: iStock
Image:

Credit: iStock

Action from pension funds to phase out investments linked to fossil fuels, deforestation, and land-use change remains badly 'inadequate', warns the Make My Money Matter campaign

The UK's biggest workplace pension providers have been accused of putting their savers' money at serious risk by persistently failing to address their role in financing companies linked to fossil fuels,...

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

Join now

 

Already a BusinessGreen member?

Login

More on Investment

Multilateral development banks mobilise record $163bn in climate finance in 2025

Multilateral development banks mobilise record $163bn in climate finance in 2025

Results suggest MDBs are on track to meet 2030 climate financing projections announced at COP29 Climate Summit

clock 17 July 2026 • 2 min read
Nature-Positive Pathways: New guidance aims to boost private finance for nature projects

Nature-Positive Pathways: New guidance aims to boost private finance for nature projects

Proposed methodology to help firms develop robust nature-positive transition plans unveiled by WWF, Green Finance Institute (GFI), and the UK Centre for Ecology and Hydrology

Michael Holder
clock 16 July 2026 • 4 min read
Fiduciary Managers making 'incremental' progress on ESG integration

Fiduciary Managers making 'incremental' progress on ESG integration

EY report finds ESG integration has been a case of 'evolution rather than revolution'

Martin Richmond, Professional Pensions
clock 15 July 2026 • 3 min read