Written Question·Department for Work and Pensions·UIN 64508
Pension Funds: Fossil Fuels
Tabled: 2 July 2025
Answered: 10 July 2025
Question
Susan Murray
Liberal Democrat — Mid Dunbartonshire
To ask the Secretary of State for Work and Pensions, whether her Department has made an estimate of the proportion of UK pension scheme assets invested in fossil fuel-related holdings; and what plans she has to (a) encourage phased divestment from fossil
Answer
Torsten BellWhile the Department does not hold data on the proportion of UK pension scheme assets invested in fossil fuels, our largest pension schemes are mandated to conduct climate scenario analysis and report on their climate-related financial risks, including th...
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