Climate-related risks
Westminster and Brent councils are currently addressing how to explicitly include climate-related risks in their pension funds' risk registers and investment strategies.
In July 2026, Westminster Pension Fund's Pension Board urged for explicit inclusion of climate change as a significant risk in its risk register, with a scheme member representative highlighting its "enormous effect on economy". Brent Pension Fund is also addressing climate-related risks, which are potential financial losses due to climate change impacts or policy responses, within its investment strategy, as discussed in March 2026.
The explicit inclusion of climate change in risk registers is a key focus for councils. Westminster Pension Fund's Pension Board urged this in July 2026. Separately, the Audit and Standards Advisory Committee of Brent Council was scheduled to examine the Council's strategic risk register in September 2026.
Key facts
- Westminster Pension Fund's Pension Board urged for explicit inclusion of climate change in its risk register in July 2026. Source
- A scheme member representative highlighted climate change's "enormous effect on economy" in July 2026. Source
- Brent Pension Fund is addressing climate-related risks within its investment strategy, discussed in March 2026. Source
About this summary
This summary was written automatically from our published stories and the council meeting records they draw on. It describes what councils have discussed and decided; it does not take a view on any decision. Each key fact links to the story it comes from. Updated 1 October 2026. Spotted a mistake? Email community@opencouncil.network.