Home > AGW, Omniclimate, Policy > Spare a Thought for the BBC Journalists’ Pension Plans

Spare a Thought for the BBC Journalists’ Pension Plans

(thanks to SBC for pointing this one out)

In a sentence: the BBC Pension Trust has been investing left, right and centre in climate-change-related products. If the AGW bubble bursts, so many a journalist’s pension funds will evaporate.

It is surely a coincidence that the BBC Climate Change Propaganda Committee has been remarkably active in pumping up the case for Anthropogenic Global Warming for quite some time now.

Investors fall short on climate risk assessment – IIGCC
London, 17 April: Investors are more aware of climate change than previously, but are failing to fully assess the risks it poses when the financial implications are not clear, according to the European investor body Institutional Investors Group on Climate Change (IIGCC).

In its first report of members’ activities, the IIGCC found that investors are struggling to assess the risk posed by uncertainties over future climate change regulations and the physical impacts of global warming. But an increasing number of asset managers are focusing on the issue and are expanding their ability to analyse the effects of climate change.

“The IIGCC’s report highlights that the investment community has come a long way in understanding and analysing the investment implications from climate change, but also that there is room for further progress from investors, companies and government,” said Peter Dunscombe, chairman of the IIGCC and also the head of investments for the BBC Pension Trust.

The report also found that asset managers increasingly are looking to invest in low-carbon or clean energy funds, are working with companies to improve their disclosure of greenhouse gas emissions and are using environmental rankings or analysing climate change impacts on their whole portfolio. And around 80% of pension funds and asset owners are asking their managers to exercise their voting rights on climate change issues.

But only 30% of respondents are integrating climate change considerations when appointing fund managers or seek advice on the matter from their advisors, reports the IIGCC. Investors are also failing to engage with companies on unavoidable climate change risks and climate-friendly products.

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Categories: AGW, Omniclimate, Policy Tags: ,
  1. 2008/04/23 at 09:58

    Hi..your site is good and has given good things about global worming, climatic changes and effects of it. Energy is of many forms and is easily renewable.

  2. Allen Taylor
    2008/04/21 at 22:34

    Nice writing. You are on my RSS reader now so I can read more from you down the road.

    Allen Taylor

  1. 2008/05/11 at 11:53
  2. 2008/04/25 at 11:33
  3. 2008/04/22 at 00:29

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