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Climate change is having a marked affect on sponsor covenant
Climate change is severely impacting on the covenants of a range of employers sponsoring UK defined benefit (DB) schemes, the Employer Covenant Practitioners Association (ECPA) says.
In a paper published today (8 February), the ECPA said climate change is "progressively impacting" the covenant of many sponsors, from impacting upon cashflows to representing a "fundamental risk" ...
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