CACEIS and local government pension schemes - Part 3

In this section of our guide, we will be examining why LGPS board and committee members need to be both aware of and concerned about climate change. The way schemes approach the issue is likely to have a long-term impact on the benefits paid to members. By understanding why climate change is – and will continue to be – such a dominant force in managing pension assets, those overseeing portfolios must strengthen their fiduciary duty and improve member outcomes.