Written Question·Department for Work and Pensions·UIN 71812
Pension Funds: Fossil Fuels
Tabled: 29 August 2025
Answered: 5 September 2025
Question
Ian Roome
Liberal Democrat — North Devon
To ask the Secretary of State for Work and Pensions, whether her Department plans to issue guidance to pension funds on reducing the proportion of their funds invested in the fossil fuel industry.
Answer
Torsten BellPension funds have a duty to manage investments in the best long-term interests of their members, which includes decisions concerning investments in fossil fuels. Occupational pension schemes are required to make climate-related disclosures aligned with t...
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