06 Jan 2022

How fund managers can help pension schemes with their TCFD reporting obligations

 

The Investment Association in collaboration with PLSA & ABI, have developed the Carbon Emissions Template (CET) to help pension schemes meet their obligations under the Climate Change Governance and Reporting Regulations and associated DWP Statutory Guidance and to help insurers and asset managers fulfil their obligations under the FCA’s new ESG Sourcebook as set out in PS21/24.

The first phase of the Joint Working Group’s remit was to create a standard template and data specification to provide pension schemes with the core data required to calculate the three mandatory metrics and to make the required disclosures about data coverage and data quality.

The template should be used to provide data for use by pension schemes in relation to their scheme years ending 31 December 2021.

The group have also developed two MaGeC files to enable Manually Generated CETs to be created, one for pooled funds and the other for segregated mandates.

Carbon Emissions Template (CET)

Click the button below to view the TCFD reporting templates on IA Website

View Templates

The Investment Association have also created a video podcast, available for AREF Members on TCFD Reporting - View the video here. 

 

Author

Jacqui Bungay

Jacqui Bungay

AREF Policy Secretariat , AREF

Jacqui is AREF’s Company Secretary and provides policy guidance and secretariat services to  AREF’s Board and Management Committee as well as the following sub-committees and working groups: Investor Committee, Public Policy Committee, Research and Information Committee, Retail Funds Committee, Residential Funds Working Group and Technology & Innovation Forum.

Jacqui joined AREF in 2014 after working for over 25 years in fund compliance, client relationships and administration in the trustee and depositary sector.