How is the Welsh Government working with Welsh public sector pension schemes to ensure ethical investment?
Answered by Cabinet Secretary for Finance and Welsh Language
| Answered on 22/09/2025
We are committed to ensuring that Welsh public money is used in ways which aligns with our values and international obligations, where we have powers to do so. The Welsh Government has no powers to direct the investment decisions of Pensions Authorities but we continue to promote responsible and ethical investment by pensions authorities so that public sector pensions contribute positively to Wales’ future—economically, socially, and environmentally.
Ministers have engaged directly with Leaders and Pension Authority Members on this issue, including through the Local Government Partnership Council,