Over 20 UK pension schemes authorised to become signatories of the code or renew status
Regulations will create new reporting requirements for large UK companies
Companies fear being wrongly ‘penalised’ based on headline ESG ratings
Report outlines responsible investment and corporate governance approach
Changes include requirements for superfund transfers and work relating to CDC schemes
Guidance summarises previous and upcoming legislative and regulatory changes for schemes
Report calls for mandatory climate transition plans for DB and DC schemes
The FRC has updated its list of signatories of the code, adding around 20 pension funds
The changes will also make pension projections more reliable for dashboards
Royal Mail and SAUL among new signatories as watchdog sees improvements in reporting