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TPR has issued its first ever TCFD-related fine to a pension scheme
The Pensions Regulator (TPR) has issued a fine against the ExxonMobil Pension Plan for failing to report against the Taskforce for Climate-related Financial Disclosures (TCFD) requirements, in the first of its kind against a pension scheme.
The fine of £5,000 was issued to the scheme for failing to publish the report by a specified deadline. While the plan had produced the report by the deadline, they failed to publish this on thei...
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