Pension Funds: Environment Protection
Commons · Question 68132 · 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, what steps his Department is taking to ensure that pension schemes are encouraged to address long-term climate and biodiversity risks in their investment strategies.
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...