Climate campaign targets pension funds

Responsible investment group ShareAction has launched a campaign aimed at convincing pension funds to act on the threat of climate change

Responsible investment group ShareAction has launched a campaign aimed at convincing pension funds to act on the threat of climate change.

The campaign, called Green Light, was launched on 29 October at an event with the Minister of State for Pensions, Steve Webb MP. It was supported by several civil society groups including environmental campaigners, trade unions and faith organisations.

The event saw the publication of new research exploring how pension fund managers can measure and report their carbon risk exposure, and how to manage carbon-intensive investments.1

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