Pension Schemes and Climate Change – a discussion of the new changes
In this episode, Katherine Apps and Gethin Thomas discuss the Pensions Schemes Bill 2019, passed through Parliament on 19 January 2019, which create regulation making powers to impose governance and information publication duties on pension schemes in relation to climate change. They also discuss the government consolation response, draft regulations and Pension Regulator's enforcement powers in relation to these new climate change duties. They discuss how those powers and regulations have been structured, what practical impact this might have on investment decisions by pension schemes and the possible shape of potential future legal challenges.
This is a companion episode to their article.