Pensions & benefits

A guide to
climate-related risks

Climate change and the implications for pension schemes



Climate-related risks and opportunities will affect every part of the economy to some extent. They are therefore relevant for pension scheme investments, sponsor covenant and funding decisions. In this guide, we explain what climate-related risks are, how they are relevant to DB and DC pension schemes and what actions trustees can take to address them.

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How we can help

DB investment

Our team works with trustees and sponsors of pension schemes to help them maximise their investment returns, while ensuring risk is well managed.

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DC investment

We help employers and trustees design investment strategies that achieve better outcomes for members.

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Strategic journey planning and risk management

We help clients identify, manage and monitor pensions risks in an integrated way.

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LCP Sonar

LCP Sonar, our risk profiling tool, benchmarks your scheme against other pension schemes, covering covenant, funding and investment risks. You can quickly see how your scheme’s risk profile compares to others and think about the key risks for you.

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Responsible investment

We help our clients understand and implement responsible investment principles.

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