'Flawed' climate change advice putting pension funds at risk

By Mark Conrad | 27 July 2023

Local Government Pension Scheme (LGPS) funds are being put at risk by ‘flawed’ advice on the financial impact of climate change, according to a major new study.

A report by the think-tank Carbon Tracker, which monitors the impact of climate change on financial markets, suggested many high-profile consultants to the LGPS were underestimating the likely consequences of global warming on pension fund investments.

Want full article access?

Receive The MJ magazine each week and gain access to all the content on this website with a subscription.

Full website content includes additional, exclusive commentary and analysis on the issues affecting local government.

Already a subscriber? Login

Climate change Finance Pensions Policy Investment DLUHC