ESG spotlight: A roundup of the latest news on environmental, social and governance initiatives, with the Environment Agency Pension Fund targeting net-zero carbon emissions, and the Border to Coast pool supporting a framework for standards in alternative assets.

Podcast: Ray Martin, director at HS Sole Trustees, and Kim Gubler, chair of the Pensions Administration and Standards Association, discuss TPR’s new climate change agenda, the NAO’s warning about the burdensome McCloud judgment, and a bizarre proposal for a national pension fund.

ESG spotlight: A roundup of the latest news on environmental, social and governance initiatives, with Wales Pension Partnership and Willis Towers Watson reducing their carbon emissions, and new research from PGIM that shows almost half of investors are overlooking climate risks.

The £2.8bn Reuters Pension Fund is integrating environmental, social and governance factors into its portfolio in order to improve risk-adjusted returns, while achieving a funding level above 100 per cent in 2020.

This week – TPR unveils its new climate change strategy, UUK’s consultation on the latest USS valuation, more implications of McCloud remedy, and PPF’s plans to raise the fraud compensation levy.

On the go: Aviva Investors has increased its engagement with companies it invests in, with a 16 per cent hike in resolutions voted during 2020, its annual responsible investment review shows.

The Pensions Regulator will demand that trustees add more climate change information to their scheme returns, and has promised enforcement action where pension funds do not comply with basic requirements.

ESG spotlight: A roundup of the latest news on environmental, social and governance initiatives, with Mercer and Legal & General reducing carbon emissions, and Aviva’s new equity fund launch.

On the go: The Church of England Pensions Board has published its first annual stewardship report, setting out its future priorities, which focus on climate change and extractive industries.