A ShareAction survey has found pension schemes are leaving staff savings exposed to climate-related risks. Kim Kaveh looks at the findings.
The government has rejected the Environmental Audit Committee's (EAC) proposal to make pension fund climate-related financial disclosures mandatory.
The UK's 25 largest defined benefit (DB) pension funds are being asked how they deal with climate risk after the government admitted a "widespread misunderstanding" of fiduciary duty.