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

Aviva complete buyin for Colthorp Board Mill Pension
The Colthrop Board Mill Pension Scheme has completed a £23m buy-in with Aviva, securing the benefits of 69 deferred members and 152 pensioners. First
A rate cut on the cards and what it means for your money
The Bank of England is expected to cut interest rates next week from 4.75% to 4.5%. The market is pricing in an 84% chance of a cut next week, and the
Call for far reaching approach to modernising redress system
PIMFA has called on the Financial Conduct Authority (FCA) to be ambitious in its proposals to modernise the redress system and look beyond the iterati

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.