'Worryingly complacent': MPs warn too many pension funds are failing to engage with climate risks

James Murray
clock • 3 min read

Environmental Audit Committee finds a majority of large pension funds are addressing climate change, but warns a number of funds are ignoring strategic risks

The UK's leading pension funds are pursuing a decidedly mixed approach to tackling escalating climate risks, with some moving to reduce their exposure to high risk assets and others failing to acknowledge...

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

James Murray
Author spotlight

James Murray

View profile
More from James Murray

Reports: Government poised to approve Jackdaw gas project

National Heat Risk Commission warns escalating heat impacts are 'well documented but poorly governed'

More on Risk

Study: Carbon markets overlook value of natural carbon sinks
Risk

Study: Carbon markets overlook value of natural carbon sinks

Land and ocean carbon sinks are under pressure, but carbon pricing mechanisms are struggling to protect them, Wood Mackenzie warns

Amber Rolt
clock 04 September 2026 • 4 min read
National Heat Risk Commission warns escalating heat impacts are 'well documented but poorly governed'
Risk

National Heat Risk Commission warns escalating heat impacts are 'well documented but poorly governed'

New report argues heat risks and the policies and investments required to combat them are now well understood, but ‘delivery is absent’

James Murray
James Murray
clock 03 September 2026 • 4 min read
Report: World should now expect $450bn a year in losses from natural disasters
Risk

Report: World should now expect $450bn a year in losses from natural disasters

Increase in severity of storms, floods, wildfires and more - as well as rising property values and insurance costs - spurs surge in modelled losses from natural catastrophes in a given year, according to Verisk

Michael Holder
Michael Holder
clock 01 September 2026 • 4 min read