1. Trustees must establish and maintain oversight of the climate-related risks and opportunities which are relevant to the scheme.E+W+S
Commencement Information
I1Sch. para. 1 in force at 1.10.2021, see reg. 1(1)
2. Trustees must establish and maintain processes for the purpose of satisfying themselves that—E+W+S
(a)any person who undertakes scheme governance activities otherwise than as a trustee, takes adequate steps to identify, assess and manage any climate-related risks and opportunities which are relevant to the governance activities they are undertaking; and
(b)any person who is not a legal adviser of the trustees and who advises or assists the trustees with respect to scheme governance activities, takes adequate steps to identify and assess any climate-related risks and opportunities which are relevant to the matters in respect of which they are advising or assisting.
Commencement Information
I2Sch. para. 2 in force at 1.10.2021, see reg. 1(1)