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Lisa Hopkinson

Lisa Hopkinson

Environmental researcher, Director of Transport for Quality of Life, and co-founder of Civic Exchange. Campaigns on climate risk in pensions and sustainable transport policy.

Jul 16, 2026

3:26
Could either or both of you talk to me about what you found out about the risks that are present in these types of investments?
3:32
There's a wealth of evidence accumulated over many years by everybody from the Institute of Actuaries to Mark Carney when he was at the Bank of England.
3:43
A lot of financial expertise has looked at the financial risks of climate change, not just fossil fuel investments, but across the whole portfolio.
3:54
And we have sent these to our pension committee, the councillors who are legally responsible for the fund, You know, we've raised public questions, we've had meetings, very few, but they just seem to bat all our concerns away and insist that everything's fine and, you know, that they're doing all that they can to sort of take the long-term risks.
4:16
But, you know, they should be very risk averse.
4:20
You know, they're looking after billions of pounds of pensioners' money and they should be looking at some very real risks to the portfolio over many years.
4:31
But we're afraid, you know, we're concerned that they're not doing this and they're being very complacent about the risks of climate change to the pension fund investments.
6:23
Was there a moment that either of you can point to that that trust really broke?

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