Written Question·Department for Work and Pensions·UIN 68132

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, 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

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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