Investment - Articles - Sackers launch fifth ESG guide


Sackers has published its fifth guide for trustees on Environmental, Social and corporate Governance (ESG) and climate change. The aim of this new guide is to help pension scheme trustees understand and respond to the latest regulatory requirements, focusing in particular on climate-related risks for their pension schemes and related disclosure requirements.

 Stuart O’Brien, Partner at Sackers, commented: ““This is our fifth guide for trustees, something we could never have imagined when our first guide was launched in 2016. With the raft of new reporting obligations being introduced this year under the Pension Schemes Act 2021 our focus this year is on the disclosure aspects of ESG and climate change. With mandatory disclosure requirements to be introduced for larger schemes from 1 October 2021, climate change should be a key focus for trustees this year.”

 O’Brien continued: “meaningful disclosures on climate will not be possible without trustees undertaking certain governance activities. With that in mind, the draft regulations not only tell trustees of schemes in scope what they must disclose, but also prescribe specific actions that must be taken first. This is new ground for many and timing will be tight for schemes required to comply in 2021/22. We hope our guide helps by setting out these new requirements and clearly explaining the key points trustees will need to consider.”

 The guide can be found in full here.
  

Back to Index


Similar News to this Story

Frozen thresholds will drag 18m into paying income tax
New freedom of information data from HM Revenue and Customs (HMRC), obtained by Quilter, the financial adviser and wealth manager, reveals the freeze
Scottish Friendly appoint Schroders as investment partner
Schroders have announced it has been appointed by Scottish Friendly as its new investment management partner for a £2.1 billion multi-asset and insura
Just Group complete buyin for South East Water Pension
Secures the benefits of around 700 pensioner and dependent members and almost 300 deferred members. Second transaction to complete objective of guaran

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.