The Parliamentary Under-Secretary of State for Work and Pensions (Guy Opperman)

Powers to require pension schemes to take the Paris agreement temperature goal into account, and other climate change goals set by the Government.

Following our consultation in January 2021 on climate change, we will lay these world-leading regulations this summer to come into force ahead of COP26. This will make the UK the first major economy in the world to legislate for, and bring into practice, the recommendations of the Taskforce on Climate-related Financial Disclosures, ensuring climate change is at the heart of the pensions system.

[Source]