Governance and reporting of climate change risk: guidance for trustees of occupational schemes
This guidance aims to improve both the quality of governance and the level of action by trustees must take in identifying, assessing and managing climate risk.
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From 1 October 2021 the Occupational Pension Schemes (Climate Change Governance and Reporting) Regulations 2021 introduce new requirements relating to reporting in line with the Task Force on Climate-related Financial Disclosures (TCFD) recommendations. These aim to improve both the quality of governance and the level of action by trustees in identifying, assessing and managing climate risk.
Updates to this page
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Edited statutory guidance Part 2, paragraph 20 (3rd bullet) from including assets which are色 to excluding assets which are色. Also updated consultation and statutory guidance to fix minor typographical and grammatical errors.
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First published.