Prepare your pension scheme for climate change - EY

What are the new climate-related expectations and requirements on trustees?

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... New climate-related regulations are introducing additional requirements on trustees of large schemes covering areas such as knowledge and understanding, governance, strategy, risk and reporting. In order to comply with the new regulations, while adding the most value to members, action is required now to establish practices and objectives, and report on these to members and regulators.

This paper summarises the key requirements and sets out EY's approach for navigating climate and task force on climate-related financial disclosures (TCFD) reporting.

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