Pension schemes address climate risks and opportunities

This article from The Pension Regulator, written 11 April 2024, covers a new review of climate-related disclosures has revealed that pension trustees are acting to address climate risks and opportunities.

This article covers :
- Examples of trustee action on climate risk including: updating defined contribution default lifestyle strategies to include sustainable funds.
- Increasing allocation to low carbon tracker funds or companies with 'high levels of green revenue.'
-Exploring opportunities such as forestry, green bonds, or committing funds to private market renewables.
-Encouraging fund managers to engage with top carbon dioxide emitters.