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Create a law to make UK private pensions be invested in sustainable companies.

Submitted on Saturday 10th October 2020

Rejected on Monday 16th November 2020

Current status: Rejected

Rejection code: irrelevant (see below for details)

Petition Action

Create a law to make UK private pensions be invested in sustainable companies.

Petition Details

Make a law to ensure that private pensions are invested in sustainable and ecologically sound companies by default.

With members of pensions having the option to opt out of sustainable investment rather than opt in.

A similar method to the organ donor list.

Additional Information

By doing this, it will move billions of pounds of investment into companies that meet sustainable targets set by the government. As investment is than moved away from the unsustainable companies it will force them to increase their awareness and make the move to net zero.

Pensions are big money and creating a law to move all pension investments this way by default will make the UK meet its long term strategic environmental goals by making companies think about their business activities.


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This petition was rejected

The Government e-Petitions Team gave the following reason:

Decisions about investments by private pension funds are a matter for fund managers, not the Government or House of Commons.

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