Part of Finance and Local Government – in the Scottish Parliament at on 3 September 2025.
Ivan McKee
Scottish National Party
Local authorities are responsible for their pension investments, and pension scheme legislation requires them to publish a statement about their investment principles, which should include the extent of their environmental, social and ethical considerations. The Scottish Government has published a business investment framework and guidance on sustainable procurement, and the Scottish National Investment Bank has a responsible and ethical investment policy. There is also guidance for public bodies on carrying out due diligence checks on companies to see if they are associated with human rights abuses. Public bodies are responsible for deciding on their actions in individual cases.