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1627709

	registered interest
	date	15/05/2023
	answering body	Department for Work and Pensions
	answering dept id	29
	answering dept short name	Work and Pensions
	answering dept sort name	Work and Pensions
	hansard heading	Workplace Pensions: Disclosure of Information
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask His Majesty's Government, further to commitments made in the consultation outcome, Climate and investment reporting: setting expectations and empowering savers, published on 21 October 2021, to review mandatory disclosures by occupational pension schemes and requirements on stewardship activities; (1) when the review will begin, (2) whether they will publish a call for evidence, (3) how they will decide which stakeholders to engage with, and (4) when they expect to publish the results of the review.
	tabling member printed	Baroness Hayman
	type	WrittenParliamentaryQuestion
	uin	HL7832
	answer	answer is ministerial correction date of answer 30/05/2023 answer text <p>I would like to assure the Baroness that, as set out in the consultation response Climate and investment reporting: setting expectation and empowering savers, we will review requirements on disclosures and stewardship activities in the second half of 2023. The exact form and publication timeline of the review are being determined in conjunction with wider and ongoing stewardship review activities.</p> answering member printed Viscount Younger of Leckie question first answered 30/05/2023 14:42:27 answering member 4169 label Biography information for Viscount Younger of Leckie
	tabling member	1649 label Biography information for Baroness Hayman

1650124

	registered interest
	date	04/07/2023
	answering body	Department for Work and Pensions
	answering dept id	29
	answering dept short name	Work and Pensions
	answering dept sort name	Work and Pensions
	hansard heading	Workplace Pensions
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask His Majesty's Government under what statutory provisions they have powers to legislate (1) to require occupational pension schemes to report on their impacts on water, circular economy, pollution and biodiversity, and (2) to clarify occupational pension schemes’ fiduciary duties.
	tabling member printed	Baroness Hayman
	type	WrittenParliamentaryQuestion
	uin	HL9028
	answer	answer is ministerial correction date of answer 17/07/2023 answer text <p>The Government already requires occupational pension schemes over a certain size to report in line with the Taskforce on Climate-related Financial Disclosures recommendations.</p><p> </p><p>With regards to fiduciary duties, The Pension Regulator already provides guidance setting out that climate-related risks should be managed alongside other risks that trustees consider as part of their fiduciary duties.</p> answering member printed Viscount Younger of Leckie question first answered 17/07/2023 13:56:45 answering member 4169 label Biography information for Viscount Younger of Leckie
	tabling member	1649 label Biography information for Baroness Hayman

1688723

	registered interest
	date	08/02/2024
	answering body	Department for Work and Pensions
	answering dept id	29
	answering dept short name	Work and Pensions
	answering dept sort name	Work and Pensions
	hansard heading	Pension Funds: Regulation
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask His Majesty's Government what plans they have to discuss with the Pensions Regulator how to incorporate into regulator guidance the conclusions of the Financial Markets and Law Committee’s paper, Pension fund trustees and fiduciary duties, published on 6 February.
	tabling member printed	Baroness Hayman
	type	WrittenParliamentaryQuestion
	uin	HL2329
	answer	answer is ministerial correction date of answer 20/02/2024 answer text <p>The Government welcomes the work of the Financial Markets Law Committee’s working group. Working with the Pensions Regulator, we will look closely at what insights we can draw from their report as we gather further evidence on how trustees are considering ESG factors in their approach to investment in the interests of their members.</p><p> </p><p>This report is a useful resource for trustees, but we are keen to hear views from across the pension sector and wider stakeholders as to what further clarification, or guidance, if any, is needed. We plan to do this starting with a series of roundtable events this spring.</p> answering member printed Viscount Younger of Leckie grouped question UIN HL2432 question first answered 20/02/2024 15:00:22 answering member 4169 label Biography information for Viscount Younger of Leckie
	tabling member	1649 label Biography information for Baroness Hayman

1693994

	registered interest
	date	05/03/2024
	answering body	Department for Work and Pensions
	answering dept id	29
	answering dept short name	Work and Pensions
	answering dept sort name	Work and Pensions
	hansard heading	Pension Funds
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask His Majesty's Government, further to the letter from Viscount Younger of Leckie to Baroness Hayman dated 6 July 2023, when officials will hold a briefing for peers on their work on pension fund trustees and fiduciary duty.
	tabling member printed	Baroness Hayman
	type	WrittenParliamentaryQuestion
	uin	HL3031
	answer	answer is ministerial correction date of answer 13/03/2024 answer text <p>The pension industry stakeholder roundtables planned this spring will explore interpretations of fiduciary duty in relation to climate change and responsible investments. Following these the Department will ensure a briefing session is held in which interested Parliamentarians will have the opportunity to provide insight and discuss the conclusions drawn from these events.</p> answering member printed Viscount Younger of Leckie question first answered 13/03/2024 11:54:03 answering member 4169 label Biography information for Viscount Younger of Leckie
	tabling member	1649 label Biography information for Baroness Hayman

1688846

	registered interest
	date	13/02/2024
	answering body	Department for Work and Pensions
	answering dept id	29
	answering dept short name	Work and Pensions
	answering dept sort name	Work and Pensions
	hansard heading	Financial Services: Environment Protection
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask His Majesty's Government, following the publication of the Financial Markets and Law Committee paper on Pension fund trustees and fiduciary duties on 6 February, when they propose to hold the roundtables with stakeholders promised in the 2023 Green Finance Strategy.
	tabling member printed	Baroness Hayman
	type	WrittenParliamentaryQuestion
	uin	HL2432
	answer	answer is ministerial correction date of answer 20/02/2024 answer text <p>The Government welcomes the work of the Financial Markets Law Committee’s working group. Working with the Pensions Regulator, we will look closely at what insights we can draw from their report as we gather further evidence on how trustees are considering ESG factors in their approach to investment in the interests of their members.</p><p> </p><p>This report is a useful resource for trustees, but we are keen to hear views from across the pension sector and wider stakeholders as to what further clarification, or guidance, if any, is needed. We plan to do this starting with a series of roundtable events this spring.</p> answering member printed Viscount Younger of Leckie grouped question UIN HL2329 question first answered 20/02/2024 15:00:22 answering member 4169 label Biography information for Viscount Younger of Leckie
	tabling member	1649 label Biography information for Baroness Hayman