XPS finds 50% of UK DC master trusts focus on transition alignment in climate strategy

• XPS Group analysis found climate strategy is emerging as a key differentiator among UK DC Master Trusts.
• Review of 16 Master Trusts with more than GBP 200 billion in assets found all but one have Net Zero or Paris-aligned goals.
• Only 50% showed clear transition-alignment focus; most headline targets emphasized cutting portfolio carbon emissions.
• About 56% invest in climate solutions; 25% set an explicit target to raise allocations to those strategies.
• XPS flagged nature and biodiversity risk recognition as widespread, with limited translation into dedicated investment allocations.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. XPS Pensions Group plc published the original content used to generate this news brief on September 02, 2026, and is solely responsible for the information contained therein.