Pension Funds: Climate Change
Commons · Question 44972 · Tabled 8 Apr 2025 · Department for Work and Pensions · Official record
Answered 24 Apr 2025
Question
Asked by Mary Glindon
To ask the Secretary of State for Work and Pensions, if she has made an assessment of the potential merits of ensuring that newly appointed pension fund trustees are aware of the responsibility to consider climate risks in investments.
Answer
Answered by Torsten Bell, 24 Apr 2025
There are a range of governance and reporting requirements that trustees, including new trustees, must meet. For trustees in scope, this includes disclosing Environmental, Social and Governance (ESG) policies in the Statement of Investment Principles (SIP...