UK Statutory Instrument
2021
United Kingdom
Occupational Pension Schemes (Climate Change Governance and Reporting) Regulations 2021
At a glance
Enforced by
What this Act requires
Sections that create concrete duties on businesses or carry penalties. Procedural and definitional sections are folded into the “Browse other sections” expander at the bottom of each group. Click any section title to read the source text on legislation.gov.uk.
Browse 43 other sections — procedural / definitional / commencement
Trustees must establish and maintain oversight of the climate-related risks...
Interpretation
Trustees must establish and maintain processes for the purpose of...
Climate change governance etc. requirements
Trustees must, on an ongoing basis, identify climate-related risks and...
Climate change governance etc. requirements: authorised master trust schemes
For the purpose of paragraph 3, the time periods which...
Climate change governance etc. requirements: authorised collective money purchase schemes
Trustees must, on an ongoing basis, assess the impact of...
Climate change reporting and publication requirements
Trustees must, as far as they are able, undertake scenario...
Compliance notices
For the purposes of paragraph 6, the matters are—
Third party compliance notices
The scenario analysis required by paragraph 6 must be undertaken—...
Penalty notices
For the purposes of paragraph 8(a), trustees may rely on...
Penalty notices: recovery
Trustees must, in each scheme year except the first scheme...
Penalty notices: recovery from bodies corporate and Scottish partnerships
Where— (a) the trustees have determined in accordance with paragraph...
Review of notices
Trustees must establish and maintain processes for the purpose of...
References to the First-tier Tribunal or Upper Tribunal
Trustees must establish and maintain processes for the purpose of...
Service of notifications and other documents
Trustees must ensure that the processes required by paragraphs 12...
Service by electronic means
Trustees must in the first scheme year in respect of...
Trustees must from time to time, as appropriate to the...
Where, following a review in accordance with paragraph 16, the...
Subject to paragraph 19, trustees must in each scheme year,...
In the first scheme year in respect of which the...
Trustees must in each scheme year, as far as they...
Trustees must in each scheme year, as far as they...
For the purposes of paragraphs 18 , 19A and 20...
Trustees must in the first scheme year in respect of...
Trustees must in each scheme year, including the first scheme...
Where trustees have determined in accordance with paragraph 23(b) that...
Where this Part provides that trustees must meet a requirement...
In this Part— “absolute emissions metric” means a metric which...
A statement describing— (a) how the trustees maintain oversight of...
Enforcement and responsible bodies
The regulators that administer or enforce this legislation.
The Pensions Regulator
Regulates workplace pensions, defined benefit schemes, and master trusts. All employers must auto-enrol eligible workers into a workplace pension. Enforces employer duties …
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Regulators
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