Pension Funds: Environment Protection
Commons · Question 68130 · Tabled 15 Jul 2025 · Department for Work and Pensions · Official record
Answered 22 Jul 2025
Question
Asked by Martin Wrigley
To ask the Secretary of State for Work and Pensions, whether the Pension Schemes Bill will include provisions to (a) support and (b) incentivise investment by pension funds in climate transition-related assets.
Answer
Answered by Torsten Bell, 22 Jul 2025
While the Department does not hold data on the proportion of UK pension fund assets allocated to climate solutions, we do require pension schemes to evaluate Environmental, Social, and Governance (ESG) factors, including climate change, in their investmen...