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Call for Evidence

Pension stewardship and COP26

The UK will host the 26th UN Climate Council Conference of Parties COP26 in Glasgow between 1 and 12 November.

In March 2021, the Minister for Pensions and Financial Inclusion announced that “world leading regulations” will come into force ahead of COP26, following the Government’s consultation, Taking action on climate risk: improving governance and reporting by occupational pension schemes – response and consultation on regulations, which ran from January to March 2021.

Ahead of COP26 the Committee is seeking views on how the UK Government’s approach to pension scheme stewardship can inform—and should be informed by—approaches taken internationally.

The Committee would like to hear your views on the following questions. You don’t have to answer all of the questions. You can respond on behalf of an organisation, or as an individual. The deadline for sending your views is Friday 18 June.

• How should pension schemes contribute to setting COP26 targets and helping to achieve the targets once agreed?

• What role should international standards have in supporting pension schemes to assess climate change risks when considering scheme investments?

• Are there suitable financial products to enable pension funds to make climate-conscious investments? How should such investment be facilitated and supported?

• How should the UK seek to share and learn from international best practice?

• What regulatory changes or other government action has been most effective in delivering change in the UK; and what changes on the part of Governments elsewhere should the UK learn from?

• Do pension schemes have suitable information to assess climate risk, or do there need to be international reforms to financial reporting?

This call for written evidence has now closed.

Go back to Pension stewardship and COP26 Inquiry