Andy Lewis and Stuart O’Brien comment on clarifying boundaries of sustainable investment
UK pension shake-up is a chance to clarify boundaries of sustainable investment, but not everyone is in favour of reform. Torsten Bell says that the government will come out with new draft pensions legislation before Parliament’s summer recess.
Advocacy groups think that this could be a great opportunity to provide clarity over the compatibility of sustainable investments with a trustee’s fiduciary duty to their pension scheme members in order to unlock capital flows for environmentally or socially positive investments.
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