TPR warns trustees of risks of poor climate engagement

Regulator finds just 43% of DC schemes consider climate in investment strategies

Hope William-Smith
clock • 4 min read
The Pensions Regulator chief executive Charles Counsell
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The Pensions Regulator chief executive Charles Counsell

Less than half of defined contribution (DC) pension schemes took account of climate change when formulating their investment strategies last year, The Pensions Regulator (TPR) has found.

In a climate adaption report - published today (28 October) - the regulator said investment performance and saver outcomes were both on the line unless more action was taken by schemes directly. The...

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