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Paragraph 19A F1

Trustees must in each scheme year, as far as they are able—

(a)

obtain the data required to calculate their selected portfolio alignment metric;

(b)

use the data obtained to calculate that metric in relation to the scheme’s assets; and

(c)

use the metric they have calculated to identify and assess the climate-related risks and opportunities which are relevant to the scheme.

Annotations

Textual amendments

F1

Sch. para. 19A 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)(b) (with regs. 3, 4)