Pension funds to assess climate impact of investment in new initiative

The UK government has made significant strides in reducing emissions and increasing renewable energy. The focus is on sustainable investments for future security, with pension schemes required to disclose climate risks. The regulatory regime will cover a large portion of pension assets, urging trustees to address climate risks. The transition to a low carbon economy presents opportunities for business transformation. The UK is leading global climate efforts, with COP 26 highlighting its commitment.

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