Written Question·Department for Work and Pensions·UIN 68133

Pension Schemes Bill

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

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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