As climate awareness continues to increase, change is inevitable and the financial impact will be huge and potentially rapid when it picks up momentum. It is critical that DB schemes find themselves on the right side of this change, especially as most are now closed to future accrual and working towards their end game - a setback to their finances in the next 10 years would put significant strain on employers and give very little time to repair the damage.

At our recent COP26 event - DB Stream - we discussed how successfully navigating the transition to a net zero global economy can be incorporated into schemes’ strategic thinking and end-game planning.

At the Q&A session with Sumit Mehta, Head of Investment Solutions at Legal & General, we talked about climate aware investments from an insurer’s perspective, and why net zero matters for schemes targeting self-sufficiency or a buy-out.

You can read all the answers to questions we didn't have time for during the session in our Q&A document.