Paper co-authored by a number of ECPA practitioners, explains how climate change is impacting on the covenants of a range of employers sponsoring UK Defined Benefit pension schemes; and sets out suggested approaches to addressing climate change impacts – whether risks or opportunities – in employer covenant assessments and scheme Integrated Risk Management (“IRM”) plans. 8 February 2022 - ECPA paper explains how climate change can be reflected in employer covenant assessments
