Finance Innovation Lab

Our friends at @shareaction.bsky.social have launched a new campaign responding to the worrying trend that some of the UK's biggest banks are weakening their climate commitments just when stronger action is needed.

Where do AI searches get their news from? Interesting and important research from @ippr.org

www.ippr.org/articles/ais...

📣 Progress this week on the Pension Schemes Bill 📣

Many of you have been calling for greener pensions.
It's having an impact: Peers were speaking up for action on climate and nature risk in a debate in the House of Lords this week 🎉

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It's great to see more action from govt in support of community finance. We want to see a #FairBankingAct so thousands more businesses can get the support they need to grow and thrive.
Find out more here - financeinnovationlab.org/our-work/gro...
#FairBankingForAll
@fbfacampaign.bsky.social

We’re officially one of the first 100 Living Pension employers in the UK! #LivingPensions

Today marks the final Committee stage of the #PensionSchemesBill. Peers will debate amendments on climate and nature loss, including a P4P cross-party amendment (218A) to help pension managers factor long-term systemic climate and nature risks into investment decisions

We are following this important debate in the House of Lords this afternoon. #PensionSchemesBill

✨ Come work with us ✨

We are looking for a skilled digital campaigner to join our team for 11 months (parental leave cover) Find out more here: debtjustice.org.uk/news/vacancy...

Deadline: 9am on Monday 16 March 2026 #vacancy #jobs

✨We are seeking a #Treasurer (#NonExecutiveDirector) to join our Board.

A key governance role providing strategic financial oversight, safeguarding integrity & strengthening accountability. If you are dedicated to advancing #TaxJustice & ready to make a global difference, apply: bit.ly/4aJt615

Even after the UK phased out coal power, pension schemes are still financing coal overseas. This risks savers’ money and the climate — which is why peers are calling for stronger Government action via the Pension Schemes Bill.

👉 filab.uk/4rUMbU1

People want to retire with a decent income and a liveable planet. 🌎💷

New research by @thefinancelab.bsky.social and LINGO finds that UK pensions are still backing coal - threatening both.

⌛ The Government must act ⌛
financeinnovationlab.org/insights/uk-...

Divesting from thermal coal is good for pension savers and planet.
That’s why I and @greenparty.org.uk support amendment to #PensionSchemesBill to make pension schemes phase out investments in the most polluting fossil fuels
#ClimateEmergency #PublicHealth

UK pension funds are still financing coal expansion abroad — despite the UK phasing out coal at home.
“It is absurd that our pension funds continue to finance its expansion overseas.”
Our new briefing shows why it’s time to divest.
👉 filab.uk/3O07Qvn

New @thefinancelab.bsky.social research shows UK pension schemes have c. £10.5bn invested in coal companies.

Peers have proposed practical changes to the #PensionsSchemesBill to support an orderly divestment - to protect pension savers and the planet.

financeinnovationlab.org/insights/uk-...

More than £10.5bn of UK pension savings are invested in thermal coal - the world’s dirtiest fossil fuel.

That’s bad for pension savers, the economy, and the climate.

Read our new research with LINGO Initiative.

filab.uk/3ZNdX8O

Pension Adequacy: A new approach to ensure everyone saves enough - Finance Innovation Lab This article was written by Tom Shields Policy and Public Affairs Manager. Two decades ago, the government established the Turner Commission to propose policy solutions to fix the UK’s pensions…

Without changes to ensure everyone can save enough, pensioner poverty will only grow.
We’re developing proposals for a minimum pension saving level which could deliver a decent retirement income for all.
Read our latest blog: filab.uk/3O0pOh1
#FairPensions

Big moment for fair finance.
Gareth Thomas MP’s Ten Minute Rule Bill for a Fair Banking Act has passed. It would rate banks on equitable access to credit and push real support for underserved communities and SMEs
@gareththomasmp.bsky.social @fbfacampaign.bsky.social
#FairBankingForAll

Yesterday, Labour and Co-operative MP for Harrow West Gareth Thomas introduced the Fair Banking Bill.

It's based on legislation that's worked in the USA, and would transform access to finance for low income individuals and small and medium sized businesses.

Great news from @fbfacampaign.bsky.social 👏

We're backing Gareth Thomas' Fair Banking Act to help transform communities using credit unions and community finance. party.coop | @coopparty It's time the banks helped out the communities they're supposed to serve.

We're backing Gareth Thomas' Fair Banking Act to help transform communities using credit unions and community finance.

It's time the banks helped out the communities they're supposed to serve.

We need a Fair Banking Act to tackle the cost of living with more affordable loans Tackling the cost-of-living crisis and delivering sustained growth on high streets up and down the country requires our high street banks to do mor...

1/ 🧵High-cost credit is holding people & #SMEs back.

@gareththomasmp.bsky.social calls for government action to expand #AffordableCredit - tackling the cost of living crisis & supporting economic growth through a #FairBankingAct.

@politicshome.bsky.social

#FairBankingForAll

bit.ly/3Nk0v9G

‘A fair banking act is essential to expand access to affordable credit’ – LabourList Access to affordable finance can unlock the potential of businesses across the UK, helping them grow and thrive. It can also be a lifeline for…

Affordable credit is critical for households and businesses. A #FairBankingAct would make banks accountable for expanding fair, affordable lending where it’s needed most. @fbfacampaign.bsky.social @gareththomasmp.bsky.social
#FairBankingForAll

Lending to small businesses and low-income areas must expand, say Labour backbenchers Senior politicians have tabled bill that would force UK banks to make affordable finance more accessible

filab.uk/49j6GmU
#FairBankingForAll

Big banks too often underserve small businesses & low-income areas, holding back local economies & harming communities. Labour backbenchers are right to push for lending obligations & transparency, aligning with our calls for a Fair Banking Act.
@fbfacampaign.bsky.social
@gareththomasmp.bsky.social

Black-led debt advice charity calls time on unfair lending and financial bias - Voice Online Rooted Finance is a pioneering, Black-led debt advice and financial inclusion charity with a vision of a fair, equitable financial landscape

Minoritised communities are systematically disadvantaged by our financial system — through biased lending, unfair debt practices and unequal access to support.

The Equity in Finance campaign is playing a critical role in changing this.

#FairBankingForAll
bit.ly/4q7laME

In Debt to the Planet 2025 ShareAction's latest assessment of environmental and social strategies in the European banking sector

ShareAction’s latest analysis finds banks are lagging on their climate commitments.

The average score across the 25 banks was just 41%, with only four banks achieving at least half of the available points.

Read the analysis below⏬
shareaction.org/reports/in-d...

Forcing UK banks to support credit unions would help keep loan sharks at bay | Heather Stewart High street banks dodged a windfall tax – now they should invest in growth of local lenders

Great to see campaign for #FairBankingAct covered in the Guardian. Too many people in the UK are turning to loan sharks after big banks turn them away.
Credit unions provide a safer, fairer alternative.

@@fbfacampaign.bsky.social #FairBankingForAll
bit.ly/44dqFAv

Securing our future: Climate risk and the Pension Schemes Bill Liberal Democrat MP Manuela Perteghella explains why her party is lobbying to include climate-related investment restrictions in the Pension Schemes Bill, as MPs debate the legislation in its third…

The Pension Schemes Bill offers a real chance to stop UK pensions funding fossil-fuel expansion — and protect savers for the long term.
Retirement money should help build a stable future — not fund the climate crisis.
It’s time to invest in our future.
bit.ly/4pRCy7C

‘We must protect people, planet and pensions’ – LabourList I’m proud to be part of a Labour government that is committed to fixing the UK’s pensions system. It may not be the first issue…

‘No system can be future-proof if it ignores…climate change and ecosystem collapse’
People deserve pensions that look to the future, not the past.
It’s time to move money into investments that support a secure retirement.
filab.uk/49Pm6jq

@thefinancelab.bsky.social