Paragraph 15 I1

England, Wales and Scotland

Trustees must in the first scheme year in respect of which the requirements of this Part apply and, where applicable, in a first scheme year of re-application, select a minimum of—

(a)

one absolute emissions metric;

(b)

one emissions intensity metric; F1...

F2(ba)

one portfolio alignment metric; and

(c)

one additional climate change metric,

to calculate in relation to the scheme’s assets.

Annotations

Textual amendments

F1: Word in Sch. para. 15(b) omitted (1.10.2022) by virtue of The Occupational Pension Schemes (Climate Change Governance and Reporting) (Amendment, Modification and Transitional Provision) Regulations 2022 (S.I. 2022/733), regs. 1(1), 2(2)(a)(i) (with reg. 3)
F2: Sch. para. 15(ba) inserted (1.10.2022) by The Occupational Pension Schemes (Climate Change Governance and Reporting) (Amendment, Modification and Transitional Provision) Regulations 2022 (S.I. 2022/733), regs. 1(1), 2(2)(a)(ii) (with reg. 3)

Commencement

I1: Sch. para. 15 in force at 1.10.2021, see reg. 1(1)