Today, at 3rd Reading of the #PensionSchemesBill, responding to calls from Baroness Hayman, government committed to produce new guidance to clarify investment duties so pension funds can account for systemic risks like #ClimateChange. 🧵
Member speaking in the chamber, with date graphic.
🕚 #HouseOfLords from 11am includes:
🟥 investigation of fraud at HBOS
🟥 antisemitic arson attack in Golders Green
🟥 #PensionSchemesBill
🟥 #EnglishDevolutionBill
🟥 UK's civil preparedness for war
➡️ See full schedule and watch online
https://orlo.uk/0Kejg
A major #Climate&Nature concession put forward by govt. in Lords stages of #PensionSchemesBill as response to P4P Peers cross-party amendment backed by @ShareAction & others, is being debated now. The proposal would help pension trustees act for savers on systemic risks including climate and nature.
Graphic with image of Lords chamber
🕚 #HouseOfLords from 11am includes:
🟥 unpaid carers and discharging patients from hospital
🟥 rail infrastructure and flooding
🟥 #PensionSchemesBill
➡️ See full schedule https://orlo.uk/ttmt5
We are following this important debate in the House of Lords this afternoon. #PensionSchemesBill
1/3: Lords will debate 3 proposals this evening that aim to protect our pension savings and the planet #PensionSchemesBill
⭐️#212, tabled by Lord Sharkey (LD), would require pension schemes to phase out fossil fuel investments, starting with thermal coal bills.parliament.uk/bills/3982/s...
Today marks the final Committee stage of the #PensionSchemesBill. Peers will debate amendments on climate and nature loss, including a P4P cross-party amendment (218A) to help pension managers factor long-term systemic climate and nature risks into investment decisions
Divesting from thermal coal is good for pension savers and planet.
That’s why I and @greenparty.org.uk support amendment to #PensionSchemesBill to make pension schemes phase out investments in the most polluting fossil fuels
#ClimateEmergency #PublicHealth
Baroness Smith of Malvern
🕝 #HouseOfLords from 2.30pm includes:
🟥 impact of the 2025 Budget on grassroots music venues
🟥 promoting skills in young people
🟥 Holocaust Memorial Day debate
🟥 #PensionSchemesBill
➡️ See full schedule
https://orlo.uk/6ickJ
