Remove Information Remove Paris Agreement Remove Stewardship Code
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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. Paris alignment. 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.

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Trustees to Engage with Future

Chris Hall

It emphasised the importance of trustees raising their climate stewardship ambitions by using Paris-alignment metrics to inform their engagement efforts to ensure they are truly contributing to the goals of the Paris Agreement. .

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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.

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Stewardship Nears Breaking Point

Chris Hall

The questionnaire has been consulted on by the investment industry and regulators, and the IIGCC is in the process of finalising it following feedback, to be published in the next few months.

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Keeping Up with the Neighbours 

Chris Hall

The country is also upping its game on stewardship, with New Zealand’s inaugural Stewardship Code launching last year with 17 signatories, says Simon O’Connor outgoing CEO of RIAA. “The Code was developed collaboratively by the industry and responds to our unique context in New Zealand,” he says.