Pension providers ‘complacent’ on climate change, say MPs

Most of the UK’s largest pension funds are addressing climate risks, but a minority are lagging behind, says the House of Commons’ Environmental Audit Committee

Flooded street
Many pension schemes have not addressed their exposure to climate-related financial risks, such as from flooding

Most of the UK’s largest pension funds are addressing climate risks, but a minority are lagging behind, says the House of Commons’ Environmental Audit Committee (EAC).

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