Climate Risk

Industry experts have suggested fiduciary duties should be adjusted to consider net zero

The Environment Agency Pension Fund (EAPF) will cut its carbon emissions by 50% from a 2010 baseline level by the end of this decade on its trajectory to net zero.

Trustees should not automatically dismiss investments in certain sectors on the basis of their core operations but consider their wider fiduciary duty to members, says Richard Butcher.

Scottish Widows has invested £2bn of pension fund assets to become the inaugural investor in BlackRock’s authorised contractual scheme (ACS) Climate Transition World Equity Fund.

The Brunel Pension Partnership has reduced the carbon intensity of its active portfolios by 7% compared their respective benchmarks, it has revealed today.

The Environment Agency Pension Fund (EAPF) has joined a coalition of 88 investors to demand companies disclose more information on environmental impact.

A ShareAction survey has found pension schemes are leaving staff savings exposed to climate-related risks. Kim Kaveh looks at the findings.

Some of the UK's biggest pension schemes will be forced to report on climate risk in line with recommendations from the Taskforce for Climate-related Financial Disclosures (TCFD).

The government has rejected the Environmental Audit Committee's (EAC) proposal to make pension fund climate-related financial disclosures mandatory.