Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, what his policy is on circumstances in which the special share in the Green Investment Bank (GIB) held by the Green Purposes Company Ltd can be used to approve or reject changes to GIB's green purposes as set out in the objects of its Articles of Association.

Following the sale of the Green Investment Bank (GIB), should the company wish to amend, remove or alter the green objective within the objects of its Articles of Association, it must seek written approval from the Green Purposes Company Limited (GPC), which holds a special share in GIB (now called the Green Investment Group (GIG)).

The five trustees of GPC, who are independent of Government and the GIG, will form a judgement on the proposed amendment, and will either approve or reject the change to ensure that the green mission of the GIG is not weakened.