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Peers for the Planet meet Minister on alignment of pensions regulation with Paris Agreement

Updated: Jun 1

Peers for the Planet supporters met for a second time today with Pensions Minister, Baroness Stedman Scott, to discuss further improvements to the Pensions Schemes Bill.


Our objective is to ensure that the Bill provides a clear trajectory for the sector on the roadmap to net zero emissions by ensuring that regulations place requirements on trustees or managers to take into account international climate change treaties of which the UK is a signatory, including the Paris Agreement on climate change, and in addition to the existing, general provision in the Bill to secure effective governance of a scheme with respect to the effects of climate change. 


We are encouraged by the on-going, constructive dialogue with Government in preparation for Report stage of the Bill.


Further background on Peers for the Planet action to ensure climate risks are addressed through pensions legislation is here:


Peers debate Pensions Schemes Bill [HL]


Peers table climate change amendments to the Bill



“The UK’s contribution in responding to the climate crisis will be measured not just in the quantity of emissions we reduce, but in the quality of the vision, innovation and leadership we provide."

 

- Baroness Hayman (Crossbencher) 

Contact us:

E: hello@peersfortheplanet.org

T: @Peers4Planet

 

House of Lords, London, SW1A 0PW

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