Written Question·Department for Work and Pensions·UIN 44972

Pension Funds: Climate Change

Tabled: 8 April 2025
Answered: 24 April 2025
Named Day

Question

Mary Glindon

LabourNewcastle upon Tyne East and Wallsend

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

Torsten Bell
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...

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