New climate change regulations are coming to pensions. This consultation (running until 10 March 2021) sets out details of the Government's ambitious proposals for new pension scheme governance requirements around climate risks and opportunities. In our view, the regulations are far-reaching and will require a potentially significant commitment from many pension schemes, in some cases starting very soon (1 October 2021).
In this two-part bitesize guide, lawyers from across our multidisciplinary Pensions Sector Group introduce you to the proposals and their key implications.
For more on the background to the proposals, read our response to the original policy consultation from autumn 2020.
Part 1 - Pensions climate change regulations
Part 2 - Pensions climate change governance
For further information, please visit our Sustainable Business Hub.