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Can Your Pension Resist Climate Change? U.K. Funds Tally Risks

  • Pensions Schemes Act 2021 comes into effect in October
  • Funds of more than 5 billion pounds must report data
Flooded homes following Storm Dennis in Worcester, U.K. in February 2020.

Flooded homes following Storm Dennis in Worcester, U.K. in February 2020.

Photographer: Christopher Furlong/Getty Images

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Scientists have concluded that without drastic action humanity is headed for potentially catastrophic climate change within two decades. The pension funds managing trillions over an investment horizon stretching toward the next century are grappling with a shorter-term challenge: quantifying the risks.