We respond to the Department for Work and Pensions’ consultation on the 'Consideration of social risks and opportunities by occupational pension scheme'.

We call on the Government to require schemes to ensure relevant “S” data initiatives are adequately funded, embed a social taxonomy in the UK regulatory framework and accelerate work around investor due diligence. We comment on the Just Transition and recommend a joined-up approach to financial regulation with a “placed-based” focus in the real economy.