Written questions

Pension Schemes Bill

Commons · Question 68133 · 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 her Department plans to integrate climate and nature-related financial risk into legislative and regulatory reforms arising from the Pension Schemes Bill.

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...