Taps kept running: Why it is time to replace TCFD and Implementation reports with transition plans and climate investments

With tens of millions spent on TCFD reporting and compliance, UK pension schemes are describing climate risk rather than financing the solution, argues Bobby Riddaway, professional trustee and managing director at HS Trustees Ltd and chair of the Trustee Sustainability Working Group

UK financial institutions to face legally binding emissions reduction targets

The largest financial institutions in the UK could soon be required to disclose their climate transition plans, or risk sanctions, under proposals announced today

Where do the UK’s DC master trusts stand on meeting their net-zero targets?

While the largest master trusts have now all set net zero targets, a closer look under the bonnet is required to establish how the pension providers are scoring on net zero

Are insurers’ climate risk models fit for purpose?

The sheer quantity and complexity of climate data create serious challenges for risk managers

How the UK’s DC Master Trusts are reshaping their asset manager relations

DC Master Trusts are rapidly evolving from mere index investors to rapidly growing funds with diversified portfolios and an increasingly active approach towards stewardship and relationships with managers

Border to Coast increases allocation to climate solutions

The pool’s latest climate change report shows £8bn is invested in equity and fixed income portfolios, an additional £2.5bn deployed in private markets.

How are Dutch pension funds scoring on carbon reporting?

Anton Kramer, founder of OverRendement, a Dutch data provider aimed at promoting greater transparency in the pension fund industry, examines how the largest Dutch pension funds are scoring on carbon reporting

New York pension fund highlights climate risk as top voting engagement priority

Are UK investors turning their backs on private markets?

During the PLSA conference in Edinburgh, pension funds were split about the benefits of investing in private markets, with lack of transparency on carbon footprints being one concern

Net zero reporting: ‘inaction’ not an excuse for data inconsistency in private markets

Data disclosure in private markets can prove challenging for asset owners. Aysha Gilmore takes a look at how investors are pushing for greater transparency

UK’s Transition Plan Taskforce launches new disclosure framework

The rise of split voting– is the onus now on asset owners?

Does the growth of split voting options mean that the onus for climate stewardship is now on asset owners?

California’s new climate bill sets precedent for US carbon reporting

The Californian State Legislature has pushed ahead of the Securities and Exchange Commission by passing a bill that forces big companies to disclose their Scope 1, 2 and 3 emissions

NZI Roundtable: greening DC default funds

The UK’s rapidly growing defined contribution market could play a key role in the country’s transition to net zero. NZI caught up with four DC investors to discuss climate strategies for DC default funds

One rule to rule them all: IOSCO backs ISSB reporting standards

The international body for capital market authorities is backing the new IISB reporting rules