Question to the Department for Work and Pensions:

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.

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.