Pension funds must treat climate change as both a risk and an opportunity to ensure the future savings of millions of people are protected. Our environmental lawyers are making sure they do just that.
Your pension may be your greatest contribution to the financial system. It is money you are earning right now, invested in financial markets to secure savings which will support you in the future. Understanding how your pension contributes to the problem and can be the solution is one of the single most impactful things you can do.
We’ve been working with the Government and group of peers to make amendments to the Pension Schemes Bill, which will strengthen duties on pension schemes regarding climate change.
Understanding how your pension contributes to the climate crisis and demanding it is part of the solution is one of the single most impactful things you can do, both for the planet and for yourself.
Pension funds should disclose how they are managing these risks. We have been helping a member of the Shell pension fund in his efforts to get proof that the fund is adequately managing its climate-related risk.
The Bank of England’s Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA) have today released statements on the systemic impact of climate change to UK financial markets
ClientEarth’s Company and Financial Project brings legal interventions designed to integrate climate-related financial risks into corporate and financial decision making.
Here, you can access our regulatory referrals, investor briefings, and publications on the legal duties of company directors, pension fund trustees, investment advisers, asset managers, auditors, and other financial actors, to report on and manage the material financial risks associated with climate change