Climate And ESG Reporting – Tick-box Exercise Or Game-changer?

Pension fund managers need to consider how they present themselves to members and align their message with the corporate sponsor. Are they just checking boxes, or trying to make a real impact?

We see a broad spectrum of attitudes from our clients about the relevance of climate change on their businesses, pension fund investment strategies and push towards digital (and therefore more carbon neutral) – some are doing the minimum as required by law, while others are wholly aligning their pension fund strategy to their corporate climate agenda and net zero target.

Members are increasingly interested (and worried) about climate change and want the agency to invest their pension benefits/savings in a way that aligns with their own personal agenda (defined contribution schemes) or know their scheme is using its influence for the greater good (defined benefit schemes).