All Task Force on Climate-related Financial Disclosures (TCFD) articles
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FeaturesHow master trusts are leading the charge on decarbonisation
The latest TCFD reports from the country’s biggest DC master trusts confirm sustained improvements on carbon emissions. How can they take the next step on their sustainability journeys?
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NewsPeople’s Pension halves carbon footprint of main default fund
A new report shows significant progress on reducing the £30bn master trust’s portfolio emissions after a major asset allocation shift earlier this year.
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NewsNOW Pensions accelerates climate action
A massive 76% of total holdings in the diversified growth fund are now directly linked to the trustee board’s responsible investment objectives.
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OpinionTPR's Hill sets out how trustees can make useful climate scenario analysis decisions
The Pensions Regulator (TPR) has today published a blog post by Mark Hill, its climate and sustainability lead, outlining how trustees can improve the climate scenario analyses used by their schemes.
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NewsMaster trusts: TCFD reports 'almost impossible' to compare
Taskforce for Climate-related Financial Disclosures (TCFD) reports need to be beefed up and made more relevant, a report by the Defined Contribution Investment Forum has found.
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FeaturesSchemes turn their attentions to biodiversity data requirements
Analysis: Greater awareness of the impact of climate change on the environment and ecosystems has prompted most schemes to integrate mitigation measures into their investment processes – and this has now spread to concerns about biodiversity.
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NewsCOP27: Implementing regulatory solutions high on trustees’ agenda
Tom Higgins | November 24, 2022
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NewsFirst LGPS climate risk reports due by December 2024
The first Local Government Pension Scheme climate risk reports will be completed by December 2024, with which administering authorities will set out their strategies and metrics for managing climate-related risks and opportunities, according to a new government consultation.
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NewsPrivate markets managers ‘failing to provide climate data’
On the go: Private markets managers “seem generally unprepared to support clients” with the data they need to meet their Task Force on Climate-related Financial Disclosures requirements, Hymans Robertson has said.
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NewsLGPS board presses new ministers on TCFD timetable
On the go: The Scheme Advisory Board of the Local Government Pension Scheme has written to two newly appointed government ministers urging them to commit to a timetable for scheme reform, as fears mount that important consultations could be delayed.
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NewsOpperman to lead task force on ‘social factors’ in ESG
Pensions minister Guy Opperman has announced the creation of a task force to aid trustees with monitoring data and international reporting developments as they pertain to the “S” in environmental, social and governance considerations.
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NewsTackling patchy carbon emissions data from issuers
Insight Investment credit portfolio manager Claire Bews highlights the issues with carbon emissions data from securities issuers, and how engagement from asset owners can improve these disclosures.
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NewsSchemes start to gather learnings from first TCFD reports
As the first group of UK schemes have completed their Task Force on Climate-related Financial Disclosures reports, they have been challenged by the long process, incomplete and inconsistent data, and lack of mandatory reporting from fund managers.
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NewsDWP gives schemes greater scrutiny of asset managers on voting
Pension schemes will be able to use the asset manager tender process to challenge prospective managers on how they would vote on shareholder resolutions, the government has said.
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NewsLGPS board chair’s TCFD appeal to minister runs aground
The chair of the Local Government Pension Scheme Advisory Board believes that the government missed the opportunity to introduce new climate-related reporting rules for local authority schemes with COP26, after a request sent to the minister of state for Levelling Up Communities mysteriously failed to reach its intended recipient.
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NewsTPR to review initial TCFD reports
On the go: The Pensions Regulator will review schemes’ published Task Force on Climate-related Financial Disclosures reports in the coming months, it has disclosed.
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NewsEAPF invests in sustainable credit, most schemes plan for net zero
ESG spotlight: A roundup of the latest news on environmental, social and governance initiatives, including investment in sustainable private credit by the £4.3bn Environment Agency Pension Fund, nearly three-quarters of schemes set to have net zero plans, and a pair of ESG guides issued for trustees.