To ask the Minister for the Cabinet Office, pursuant to the Answer of 3 February 2017 to Question 61923, what assessment he has made of the long-term risks to the financial performance of the Parliamentary Contributory Pensions Fund of that funds' investments in the fossil fuel extractive industry.
Answered on
14 February 2017
Investment decisions within the Parliamentary Contributory Pensions Fund, including consideration of risks arising from investments in the fossil fuel extractive industry, are a matter for the Trustees who receive professional advice regarding decisions about the management of scheme assets.
Answered by
Cabinet Office