Pension scheme climate reporting: meeting your requirements

As the regulations around climate change rapidly evolve and grow, the importance of meeting your climate change reporting requirements is only going to increase for pension schemes. In our latest briefing, our sustainable investment team set out how we can help you approach your reporting requirements with confidence.

If we are to live in a world where projected global warming is to be kept well below 2°C, then a significant commitment by governments, along with public and private organisations, is required.

To help with this, the government has already introduced the Task Force on Climate-related Financial Disclosures (TCFD) framework for pension schemes with over £1bn in assets, and looks set to increase requirements further following the recent publication of the Pensions Regulator's (TPR) General Code.

In order to meet these requirements, trustees will need a governance structure in place that allows for the flexibility needed to incorporate new ideas or investments when they become available, and be ready to adapt as the landscape around pension schemes evolves.

Our new briefing note details the climate change reporting requirements your scheme needs to be aware of, and explains the steps we take in order to help our clients get ready for what lies ahead.