‘Insufficient’ state action means whole market must work together to tackle climate change
Maria Nazarova-Doyle says investments in nature will meet pension fund needs
The fund has laid down plans to reduce its greenhouse gas emissions by 29% this year
Impact is increasingly part of schemes’ mindsets and investment decisions
Schemes must be on their guard as trapped surpluses become a clear and present danger.
XPS has called the increase “disappointing” and called for robust management from trustees
Pledge comes after LGPS fund was found to be a major fossil fuel holder
The ESG reporting solutions data will be used to support mandatory TCFD reporting
Tool to limit taxpayer costs and ensure fair benefits was expected to be ‘extraordinary’