TCFD

Schemes need to obtain emissions data to measure their carbon footprint, but this process comes with challenges. Stephanie Baxter explores how to overcome them and why schemes need to look beyond emissions

Professional Pensions rounds up some of the latest ESG and climate news from across the industry.

Guidance to help trustees comply with climate disclosure rules will also call on them to “act now” to protect pension savers from climate risk, The Pensions Regulator (TPR) says.

Sackers has published its fifth ESG and climate change guide to help pension scheme trustees understand and respond to the latest regulatory requirements including the Task Force on Climate-related Financial Disclosures (TCFD).

Asset managers representing $22.8trn (£16.5trn) of assets under management (AUM) have joined the Net Zero Asset Managers initiative, bringing the total number of signatories to 73.

A climate strategy for The Pensions Regulator (TPR) is set to be announced in the coming weeks which will support trustees as they carry out work to meet the new Task Force on Climate-related Financial Disclosures (TCFD) requirements.

Pensions minister Guy Opperman has set out a timetable for secondary legislation to bring Pension Schemes Act provisions into force.

Trustees are under increasing pressure to give more consideration to ESG factors. Stephanie Baxter looks at the most important questions they should be asking.

The Investment Consultants Sustainability Working Group (ICSWG) has launched a guide to help trustees assess their investment consultants’ climate competency.