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New Climate Rules and Guidance for UK Pensions

Chris Hall

Government plans to ease access to illiquid assets, but expects more robust stewardship. Coffey also confirmed the introduction of new rules requiring pension scheme trustees to report on the alignment of their portfolios with the goals of the Paris Agreement, taking effect from 1 October. degrees Celsius.

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Trustees to Engage with Future

Chris Hall

The DWP simultaneously published a response following its consultation on proposals to amend the Occupational Pension Schemes (Climate Change Governance and Reporting) Regulations 2021. Other initiatives have been working to improve stewardship alignment between asset owners and managers. . Plotting a path to Paris .

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Trustees Must Overcome Data Gaps to Report on Paris Alignment – UK DWP

Chris Hall

Data gaps shouldn’t prevent large pension schemes from beginning to measure and disclose the extent of portfolio alignment with the Paris Agreement, said the UK government following its consultation on climate and investment reporting. C temperature pathway.

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Take Five: A Gift from God

Chris Hall

Hollow Shell – Shell scored a hollow legal victory this week when a Dutch court overturned a 2021 ruling that the oil and gas major must cut its Scope 1-3 emissions by 45%. A selection of the major stories impacting ESG investors, in five easy pieces. Transition tensions were evident this week from Baku to The Hague.

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Keeping Up with the Neighbours 

Chris Hall

Thankfully the finance industry didn’t do that.” ASFI started back in 2021 on a sustainability roadmap for Australia, including a taxonomy and other sustainable-related policy initiatives. “It was a really smart move,” says Reynolds. Compared to countries like Europe, Australia was doing very little.