Written questions

Pension Funds: Climate Change

Commons · Question 44974 · 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, whether she has made an assessment of the potential implications for her policies of the Institute and Faculty of Actuaries and the University of Exeter report entitled Planetary Solvency, published on

Answer

Answered by Torsten Bell, 24 Apr 2025

Trustees of pension schemes in scope of the Taskforce on Climate-related Financial Disclosures (TCFD) are required to undertake scenario analysis to assess the resilience of their investment strategy against climate-related risks and opportunities. Truste...