How new rules have sharpened the ESG focus of pension schemes
New climate-related disclosure rules should spur increased ESG investment from pension schemes, future-proofing portfolios against climate change
From record rainfall and flooding in New York to devastating wildfires in Turkey, the consequences of inaction on climate change are now impossible to ignore. For pension schemes, a new regulatory environment is on the horizon.
From October, a host of occupational pension schemes will have to start complying with the Task Force on Climate-Related Disclosures (TCFD) reporting framework.
