TCFD

CACEIS has launched a carbon metrics reporting tool specifically designed to help UK pension schemes meet their upcoming disclosure obligations.

The Pensions and Lifetime Savings Association (PLSA) has welcomed the government’s intention to extend the scope of the Taskforce for Climate-related Financial Disclosures (TCFD).

Brunel Pension Partnership engaged with 881 companies on 3,101 ESG issues over the course of 2020, helping to achieve progress towards targets on carbon saving, water intensity reduction, and gender equality.

Focus has shifted to the ‘social’ part of ESG, says Hope William-Smith, but this has its own challenges for trustees.

A Treasury Select Committee report on net-zero transitions and the future of green finance has called on the government to consider climate labelling for financial products and ramp up efforts to tackle greenwashing.

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.