Written Question·Department for Work and Pensions·UIN 68130

Pension Funds: Environment Protection

Tabled: 15 July 2025
Answered: 22 July 2025

Question

Martin Wrigley

Liberal DemocratNewton Abbot

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

Torsten Bell
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...

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